Queensland

Purchased in May 2025, this 3 bedroom, 1 bathroom home in QLD was secured for $551,000, reflecting strong buying conditions in a high-demand coastal growth market.

Currently achieving $695 per week in rent, the property delivers a gross rental yield of 6.56%, providing exceptional cash flow and consistent tenant demand in a tightly held rental market.

Positioned in a well-established residential pocket approximately 15 kilometres north of the Cairns CBD, the property benefits from proximity to schools, shopping centres, a university, and key arterial roads connecting residents to employment hubs and coastal amenities. The area continues to attract strong population inflows driven by lifestyle appeal and limited housing supply.