The Cairns property market has demonstrated remarkable strength with a series of successful auctions and private sales concluding the week ending November 29. Multiple properties across the region attracted strong buyer interest, resulting in solid sales figures that underscore the ongoing demand in Far North Queensland's real estate sector.
Auction Action Across Cairns Suburbs
Bayview Heights witnessed significant activity with 31-33 Anderson Road selling under the hammer for $692,000. The property attracted multiple registered bidders who competed vigorously for the well-positioned home. Meanwhile in Manunda, 11 Daintree Street achieved a sale price of $430,000 through auction, demonstrating the continued appeal of central Cairns locations.
The auction success extended to Westcourt where 180 Upward Street sold for $545,000. This result particularly highlights the strength of the inner-city market and the willingness of buyers to invest in established suburbs. Each of these auctions saw competitive bidding environments, indicating sustained confidence among property purchasers in the Cairns region.
Private Treaty Sales Performance
Beyond the auction room, private treaty sales showed equally impressive results across multiple price points. In Bentley Park, 11 Deeral Street changed hands for $425,000, while 35 Lannercost Street in Manunda sold for $430,000. These mid-range sales demonstrate the healthy activity in the affordable housing segment.
The upper end of the market also performed strongly with 154 Pease Street in Manoora achieving $550,000 and 151 Pease Street reaching $565,000. These consecutive sales in the same street indicate particular hotspots of buyer interest within established suburbs. The diversity of successful price points from $425,000 to nearly $700,000 reveals a market catering to various buyer demographics.
Market Implications and Future Outlook
The consistent sales activity across Cairns suburbs points to a robust property market with depth across different price segments. The successful clearance of multiple properties through both auction and private treaty methods suggests balanced market conditions rather than a tilt toward either buyers or sellers.
Industry observers note that the results from late November provide positive indicators for the Far North Queensland property sector heading into the new year. The variety of locations achieving sales – from Bayview Heights to Bentley Park – demonstrates widespread buyer confidence rather than interest concentrated in specific areas.
With multiple properties transacting successfully across different price brackets and suburbs, the Cairns market appears well-positioned for continued stability. The diversity of successful sales methods also indicates that both auction and private treaty remain viable pathways for property transactions in the current climate.
