The Cairns property market has demonstrated remarkable resilience with a series of successful auctions and private sales concluding the week ending November 16. Multiple properties across different suburbs attracted strong buyer interest, resulting in solid sales figures that point to continued confidence in the region's real estate landscape.
Auction Action Across Cairns Suburbs
Trinity Park emerged as a standout performer with two significant auction results that captured market attention. At 15 Lantana Place, a modern single-level home situated on a generous 809sq m block sold under the hammer for $810,000. The property featured four bedrooms, two bathrooms, and appealing outdoor entertainment areas that proved irresistible to the winning bidder.
Meanwhile, just around the corner at 31 Lantana Place, another Trinity Park residence achieved an even higher sale price of $860,000. This larger 947sq m property offered five bedrooms and three bathrooms, demonstrating that family-sized homes in desirable locations continue to command premium prices in the current market conditions.
Private Treaty Sales Show Market Diversity
Beyond the auction room, private treaty sales revealed interesting trends across different price points and property types. In Manunda, a three-bedroom, one-bathroom home at 108 Pease Street found a new owner at $385,000, representing an accessible entry point for buyers seeking proximity to Cairns city.
The suburb of Manoora saw activity at 172 McCormack Street, where a three-bedroom, one-bathroom house on a 607sq m block transferred ownership for $420,000. These sales highlight the continued demand for well-positioned housing in established suburbs close to urban amenities.
Further demonstrating the market's breadth, a substantial land parcel at 537-543 Draper Street in Parramatta Park changed hands for $1.35 million. This transaction underscores the ongoing investor and developer interest in prime locations with development potential.
Suburban Spotlight: Varied Performance Across Regions
The week's results revealed interesting patterns across different parts of greater Cairns. In the northern beaches, Trinity Beach saw a property at 11 Vasey Street sell for $680,000. This three-bedroom, two-bathroom home on a 698sq m block attracted buyers seeking the coastal lifestyle the area is famous for.
Closer to the city center, Westcourt recorded a sale at 155 McCormack Street, where a three-bedroom, one-bathroom house on 607sq m achieved $420,000. Meanwhile, in the southern suburbs, Bentley Park saw transaction activity at 31 Frawley Drive, though the final sale price was not disclosed at the time of reporting.
The diversity of these results indicates a balanced market with opportunities across different budget ranges and property types. From entry-level homes to premium family residences and development sites, buyer interest remains robust across multiple segments.
Industry observers note that these results come during a typically active spring selling season, with good weather and traditionally higher stock levels contributing to market activity. The consistent performance across different price points suggests underlying strength in the Cairns property market as it heads toward the end of the year.
