The Cairns property market has demonstrated remarkable strength in the week ending November 22, with multiple successful auctions and private sales recorded across the region. Properties in Trinity Park, Manunda, and other suburbs attracted significant buyer interest, indicating continued confidence in the Far North Queensland real estate landscape.
Auction Action Across Cairns Suburbs
Trinity Park emerged as a standout performer with two notable auction successes that captured market attention. At 31 Vasey Street, a modern single-level home secured a sale price of $885,000 through Ray White Cairns Beaches agents Dan Tredwell and Josh Sorensen. The property attracted multiple registered bidders who competed vigorously for the well-maintained residence.
Meanwhile, just around the corner at 26 Lantana Place, another Trinity Park property changed hands for $840,000. This four-bedroom home, also marketed by the same Ray White team, demonstrated the consistent demand for quality housing in the beachside suburb. Both sales occurred under the hammer, reflecting the competitive nature of the current market.
Private Treaty Sales Show Market Diversity
Beyond the auction room, private treaty sales revealed interesting patterns in buyer preferences and property values. In Manunda, a three-bedroom house at 108 Pease Street found a new owner for $485,000 through LJ Hooker Cairns agent John Kho. The sale highlighted the ongoing demand for affordable entry points into the Cairns housing market.
The upper end of the market also showed activity with a substantial transaction completing at 2/165-167 Pease Street in Manunda. This property commanded $650,000, handled by Professionals Cairns Central agent Michael Wood. The diversity in price points across these sales indicates a healthy market catering to various buyer segments.
Regional Perspective and Market Outlook
Looking beyond Cairns proper, the surrounding regions presented their own success stories. In Gordonvale, a three-bedroom residence at 81 Sheehy Road attracted a final sale price of $520,000 through Ray White Gordonvale. The transaction was managed by agent Greg Tognola, demonstrating that suburban and regional properties continue to attract buyer interest.
Industry experts note that the consistent sales activity across multiple price brackets suggests sustained confidence in the Far North Queensland property market. The mix of auction successes and private treaty sales indicates multiple pathways to successful transactions, giving both sellers and buyers flexibility in their approach to the market.
As the year approaches its conclusion, the Cairns real estate landscape appears to be maintaining its momentum. The variety of properties sold during this period – from modern beachside homes to more affordable suburban options – paints a picture of a diverse and resilient market that continues to meet the needs of different buyer demographics.