The Cairns property market demonstrated robust activity during the week ending November 8, with numerous successful sales and auctions across various suburbs highlighting continued buyer demand in the region.
Notable Property Sales Across Cairns Suburbs
Multiple properties changed hands throughout the week, with several standout transactions capturing market attention. In Bentley Park, a three-bedroom home at 25 Frawley Street sold for $420,000 through LJ Hooker Cairns Edge Hill, demonstrating strong interest in affordable family homes.
The northern beach suburbs saw significant action, with a contemporary four-bedroom residence at 39 Casuarina Street in Kewarra Beach commanding $835,000. Meanwhile, Trinity Park recorded a solid sale at 31 Ripple Close, where a three-bedroom house fetched $565,000 through multiple agents.
Palm Cove continued to attract premium buyers, with a luxury property at 43 Veivers Road achieving an impressive $1.55 million sale price. This transaction underscores the enduring appeal of high-end properties in sought-after coastal locations.
Auction Activity and Market Performance
The auction scene remained active with several properties going under the hammer. In Manunda, a two-bedroom unit at 1/16 Corcoran Street sold prior to auction through multiple agents, indicating strong pre-auction interest that led to an early sale.
Freshwater witnessed competitive bidding for 18 O'Shea Street, where a three-bedroom house sold at auction for $645,000. This result reflects healthy competition for well-positioned properties in desirable suburbs.
Edge Hill maintained its status as a premium suburb with 85 Pease Street selling for $1.35 million, demonstrating that quality properties in prime locations continue to attract significant buyer interest and command premium prices.
Suburban Highlights and Market Trends
Several suburbs showed particular strength during the reporting period. Manoora recorded a sale at 102 McCormack Street, where a three-bedroom house changed hands for $425,000, representing solid value in this established suburb.
Westcourt saw activity at 155 McLeod Street, with a three-bedroom property selling for $485,000. Mooroobool also demonstrated market movement with 158 Pease Street achieving a sale price of $495,000.
The data reveals a diverse and active property market across Cairns, with transactions occurring across multiple price points and suburb types. From affordable entry-level homes to luxury coastal properties, buyer interest remains strong throughout the region.
Real estate professionals noted consistent demand across most market segments, with particular strength in family homes and properties offering lifestyle appeal. The week's results suggest continued confidence in the Cairns property market, driven by both local buyers and those seeking the distinctive tropical lifestyle the region offers.