73 Tiffany Street, White Rock QLD 4868 Is Asking $67,100 Less Than The House That Sold Around The Corner

Jeff Rufino | Inspire Real Estate Cairns | August 2026

30 Kidman Street, White Rock sold in August 2026 for $766,100.

Four bedrooms. Two bathrooms. Two-car. 608m².

73 Tiffany Street is four bedrooms, two bathrooms, two-car, on 613m².

It is being offered from $699,000.

That is a $67,100 gap between two closely comparable homes in the same suburb, weeks apart.

The gap is not an accident.

There are two reasons for it, and you get both before you read another line.

Reason one. The house is leased until 24 March 2027 at $675 per week. No immediate vacant possession. That removes a large part of the owner-occupier buyer pool.

Reason two. The building inspection rated the property below average for its age. Moisture concerns. Water-affected cabinetry. Ponding. Roof and gutter corrosion. Fencing deterioration. Loose paving. No major structural failure has been confirmed. The moisture findings need further investigation and your own quotes.

So this house is not perfect.

The imperfections are visible.

The income is contracted.

The price reflects both.

That is the investment case.

The rest of this article is the evidence.

73 Tiffany Street, White Rock: The Numbers First

Price: Offers over $699,000
Current rent: $675 per week
Lease expiry: 24 March 2027
Annualised gross rent: $35,100
Indicative gross yield: Approximately 5.0%
Land: 613m² corner block
Built: 2004
Builder: Glenwood Homes
Design: Oakridge Platinum Plus
Configuration: 4 bedrooms, 2 bathrooms, 2-car accommodation
Council rates: Approximately $1,600 per half-year
Insurance: Approximately $1,600 per year

Four bedrooms.

Two bathrooms.

Two-car accommodation.

A 613m² corner block.

It is the family-home configuration that has consistently attracted buyers across the White Rock property market.

White Rock Property Sales: What Similar Homes Have Been Selling For

Here is where the pricing gets interesting.

The six comparable four-bedroom, two-bathroom White Rock property sales identified this year have landed in a remarkably tight range.

18 Lowanna Close: $790,000, 809m², sold 27 March 2026
12 Hopkins Street: $742,500, 600m², sold 6 April 2026
8 Hopkins Street: $737,000, sold 14 April 2026
11 Hopkins Street: $750,000, 642m², sold 8 May 2026
4 Pixar Street: $750,000, 695m², sold 16 July 2026
30 Kidman Street: $766,100, 608m², sold August 2026

Not one of those comparable sales sits below $737,000.

The running median is approximately $750,000.

That gives buyers a useful indication of where White Rock house prices have been sitting for this configuration.

Now compare that with 73 Tiffany Street.

Offers over $699,000.

That puts the asking price:

$38,000 below the cheapest comparable sale identified.

And:

$67,100 below the recent closely matched sale at 30 Kidman Street.

For anyone following recent sales in White Rock Cairns or tracking White Rock property prices, that gap deserves a closer look.

Houses For Sale In White Rock Cairns Are Asking More Again

Current four-bedroom asking prices in White Rock are higher.

7 Paramount Close: Offers over $774,000
6 Kurruk Close: $829,000, 779m², 4-car accommodation
11 Bronson Street: Buyers in the $800,000s, 647m²
3 Hepburn Street: $850,000 to $950,000, 1,066m²
Lot 9 Flagstaff Way: $865,000, 642m²

Several other four-bedroom properties are already under offer or contract.

60 Leftwich Street: Under offer
15 Universal Close: Under contract
Lot 1 Denver Street: Under contract
Lot 3 Denver Street: Under contract
Lot 209 Denver Street: Under contract

For buyers searching houses for sale White Rock Cairns or homes for sale White Rock QLD 4868, there is not an enormous amount of established family stock to choose from.

And well-priced homes are not sitting around for long.

Against that backdrop, an entry point from $699,000 stands out.

But cheaper does not automatically mean better.

You need to understand the numbers behind the discount.

Why 73 Tiffany Street Is Priced Below Recent White Rock House Prices

The existing tenancy is a major part of the equation.

The lease runs until 24 March 2027.

That means the property does not offer immediate vacant possession.

An owner-occupier who wants to move straight in is unlikely to compete for it.

For an investor, however, the same situation looks different.

Instead of purchasing the property and then searching for a tenant, advertising it and estimating what rent might be achieved, the income is already contracted at $675 per week.

That is a limitation if you want to live in the property.

For the right investor, it can be an advantage.

Then there is the condition.

The building inspection has identified maintenance issues that buyers should investigate and price properly.

That is important because the discount is not free.

The investment question is whether the cost of addressing those issues makes sense against the pricing gap already built into the purchase.

30 Kidman Street Gives Us A Useful White Rock Comparison

Every investment property eventually comes back to two questions.

What is the property worth?

And:

What can it earn?

30 Kidman Street gives us useful current evidence for both.

It is another four-bedroom, two-bathroom, two-car home in White Rock.

It sits on 608m².

73 Tiffany Street sits on 613m².

30 Kidman Street sold in August 2026 for:

$766,100.

It was then advertised for rent on 6 August 2026 at:

$750 per week.

That makes it one of the closest current comparisons available.

At $750 per week, the annualised rent is $39,000.

Against its $766,100 sale price, that represents an indicative gross yield of approximately 5.1%.

Now compare the two.

30 Kidman Street sale price: $766,100

73 Tiffany Street asking price: Offers over $699,000

Difference: $67,100

Then compare the rent.

30 Kidman Street asking rent: $750 per week

73 Tiffany Street current rent: $675 per week

Difference: $75 per week

That does not mean Tiffany Street will automatically achieve $750 per week when its lease expires.

It may not.

The White Rock property market in March 2027 will determine that.

But it gives investors current evidence to work with rather than guesswork.

What A Future Rent Review Could Mean

The current $675 per week lease began in March 2026 and runs until March 2027.

At lease expiry, any future rent will depend on market conditions at the time, the condition of the property and Queensland rental rules.

On a $699,000 entry price, the numbers look like this:

$675 per week: $35,100 per year, approximately 5.0% gross yield
$700 per week: $36,400 per year, approximately 5.2%
$720 per week: $37,440 per year, approximately 5.4%
$750 per week: $39,000 per year, approximately 5.6%

No capital growth is assumed in those figures.

No renovation upside is assumed.

It simply shows what happens if the rent eventually moves closer to current comparable evidence.

For an investor, that is one of the clearest potential upside levers in the property.

White Rock Market Update: Why Buyers Keep Looking Here

The broader White Rock market update remains positive.

House values have risen strongly.

Homes have been selling quickly.

Available stock remains tight.

And owner-occupiers make up a growing share of the suburb.

For investors, that matters because increasing owner-occupation can reduce the number of homes available to rent.

Then there is the lifestyle.

White Rock is a suburb people settle into.

Trinity Anglican School and White Rock State School are both within the suburb.

Mount Sheridan Shopping Centre is only minutes away.

The Cairns CBD remains within an easy commute.

And major residential growth continues further south toward Mount Peter.

That broader growth is one of the reasons the South Side Cairns property market continues to attract attention from buyers and investors.

White Rock works because people actually want to live here.

Families buy here.

Tenants rent here.

And investors can understand the underlying demand without needing a complicated story.

South Side Cairns Real Estate Is About More Than Yield

There is a temptation with investment property to focus entirely on the weekly rent.

But a good investment decision also considers location, future buyer demand, available supply and how easily the property could eventually be resold.

That is why established suburbs like White Rock remain important within South Side Cairns real estate.

The suburb sits close to schools, shopping, employment and major transport routes while still offering family-sized blocks and established housing.

For buyers comparing South Side Cairns house prices, White Rock continues to offer an interesting balance between affordability, location and established amenity.

As a White Rock real estate agent and South Side Cairns real estate agent, I watch these individual sales closely because suburb-level averages only tell part of the story.

The individual property comparisons are where the useful information usually sits.

Who 73 Tiffany Street Suits

This property makes the most sense for an investor who:

wants income from settlement
is comfortable holding the existing tenancy until March 2027
understands there is maintenance to investigate and budget for
has a medium to long-term investment horizon
sees value in buying below the recent comparable-sales band

It is not a property for somebody who needs to move in immediately.

And it is not a completely maintenance-free investment.

That conversation is better had before an offer than after one.

What You Are Actually Buying

A 2004 Glenwood home.

Oakridge Platinum Plus design.

Four bedrooms, two bathrooms, two-car accommodation.

613m² corner block.

$35,100 in contracted annual rent.

Approximately 5.0% indicative gross yield on the asking price.

A tenant already in place until 24 March 2027.

And a purchase price $38,000 below the cheapest of six comparable White Rock sales identified this year.

Here is the part most buyers miss.

Every other established four-bedroom home identified as currently advertised for sale in White Rock starts at $774,000 or higher.

Five more are already under offer or contract.

The stock at this level is thin.

The question in front of you is one calculation.

Is the cost of fixing the identified maintenance items less than the $67,100 the market has already discounted?

Get your own inspection.

Get your own quotes.

Run your own numbers.

I will give you everything I have to run them with.

The full comparable sales analysis and building information are available to serious buyers on request.

Call me on 0411 530 910.

Jeff Rufino, South Side Cairns Specialist
Inspire Real Estate Cairns
jeff@inspirecairns.com.au

I invest here. I sell here. I get results.

P.S. 30 Kidman Street sold for $766,100 in August 2026 and was advertised for rent at $750 per week on 6 August. 73 Tiffany Street is asking $67,100 less and currently rents for $75 per week under that figure.

Whether the rent moves closer to that evidence at lease expiry in March 2027 depends on the market at the time. Nobody guarantees that.

But the gap is on the table today.

If you want the full numbers before making a decision, call me on 0411 530 910.

This article is general market commentary based on August 2026 data and is not financial, taxation, legal or investment advice. Yield figures are indicative and calculated before outgoings, management fees, finance costs, maintenance and taxation. Rental evidence reflects advertised asking rents and does not guarantee future rental income. Building and pest inspections are visual and non-invasive. Prospective buyers should obtain their own independent professional advice and investigations before purchasing.