- Telephone
- Email
In the 5 years from mid-2016 median house prices in Cairns went almost precisely nowhere (units rose by about 5%). However, over the same period median rents for houses and units increased by about 23%, opening up a significant gap between the two metrics.
In the almost-three years since then we’ve seen rents increase another 24% while median house prices have surged a full 40% and as a result partly, but nowhere near fully, closed that gap.
Over the course of the 8-year period rents are up 50-52% while median prices of units and houses are up 32-39%.
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series