Cairns Property Market Update

By Jeff Rufino · Inspire Real Estate Cairns

Australia's housing undersupply isn't going away anytime soon. With national dwelling approvals continuing to slow, the gap between what the market needs and what's being built keeps widening — and that has real consequences for buyers, sellers, and investors right here in Cairns.

Last week's local results told the story clearly. PropTrack recorded 15 auction and private sale results across the Cairns region, with prices ranging from $370,000 for a two-bedroom unit in Westcourt all the way up to $1,095,000 for a five-bedroom house in Goldsborough. Every disclosed result was a private treaty sale — no auctions, no passed-in properties (with one withdrawal in Woree). That kind of consistency points to a market where motivated sellers and ready buyers are still finding each other.

Last Week's Cairns Sales at a Glance

The most expensive sale was 13 Chonggora Street, Goldsborough — a five-bedroom house that changed hands for $1,095,000.

The most affordable was 2/87-91 Earl Street, Westcourt — a two-bedroom unit sold for $370,000.

Full results for the week:

Bayview Heights — 36 Karwin Street, 3-bed house — $580,000
Bentley Park — 35 Cherrybrook Drive, 4-bed house — $823,000
Edmonton — 15 Mitchum Street, 6-bed house — $1,090,000
Edmonton — 38 Graham Street, 12-bed house — Undisclosed
Goldsborough — 13 Chonggora Street, 5-bed house — $1,095,000
Kewarra Beach — 17 Bronte Close, 4-bed house — $850,000
Kewarra Beach — 6 Howie Close, 3-bed house — $768,000
Kewarra Beach — 7 Kirra Close, 3-bed house — $682,000
Mount Sheridan — Lot 91 Tana Heights, 4-bed house — $980,000
Mount Sheridan — 15 Balsam Green, 3-bed house — Undisclosed
Redlynch — Lot 19 Oxbow Loop, 4-bed house — $945,000
Stratford — 11/33-35 Kamerunga Road, 2-bed unit — $580,000
Westcourt — 2/87-91 Earl Street, 2-bed unit — $370,000
White Rock — 12 Hopkins Street, 4-bed house — $742,500
Woree — 15 Alberta Drive, 3-bed house — Withdrawn

What the Undersupply Means for You

For sellers, fewer new homes being approved means less competition on the market. If your property is well-presented and priced correctly, you're operating in conditions that favour you.

For buyers, waiting for prices to drop significantly is a risky strategy. Supply isn't catching up to demand any time soon, which means values in established suburbs like those above are likely to hold firm or continue rising.

For investors, a chronic undersupply environment typically supports rental demand and puts upward pressure on yields — particularly in a regional city like Cairns where interstate migration remains active.

Thinking About Your Next Move?

Whether you're considering selling, buying, or you just want to know what your Cairns property is worth in today's market, I'm here to give you a straight answer — no pressure, no obligation.

Get a free property appraisal or market consultation:

📞 Call Jeff Rufino 0411 530 910 at Inspire Real Estate Cairns 📧jeff@inspirecairns.com.au

Cairns Property Market Update — April 2026