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How you can find affordable properties with high rental yields in Cairns, QLD

May 09, 20232 min read

Cairns is a beautiful coastal city located in North Queensland, Australia. Please refer to our previous blogs to find out why Cairns is such a great place to invest. 

8 Reasons

Here are some tips to help you find affordable properties in Cairns: 👊

  1. Look for properties in the suburbs:

    The closer you are to the city centre, the higher the property prices are likely to be. Consider looking for properties in the suburbs, which are often more affordable.

  2. Check online property websites or for a local Buyers Agent:

    Websites such as realestate.com.au and domain.com.au have a range of properties listed for sale or rent in Cairns. You can set filters for price range, location, and property type to find affordable properties. To get more detailed and thorough market information it’s a good idea to engage a local Buyers Agent.

  3. Attend open houses and auctions:

    Attending open houses and auctions can give you a good idea of the current property market in Cairns. You can also speak with buyers agents or real estate agents who may be able to suggest affordable options for you. If you’re time poor or can’t travel to Cairns, engaging a Buyers Agent can greatly benefit your research while saving you time, money and stress.

  4. Consider buying off the plan:

    Buying off the plan can be a great way to secure a property at a lower price. Developers often offer discounts for properties that are not yet completed.

  5. Look for government grants and incentives:

    The Australian government offers a range of grants and incentives for first-time home buyers, which can help you get on the property ladder.

Some suburbs in Cairns that may have more affordable properties include Edmonton, Mooroobool, Bentley Park, White Rock, Woree, and Earlville. However, it's important to note that property prices can vary greatly depending on location, property type, and market conditions. It's always a good idea to do your research and seek professional advice before making any property purchases.


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