Real Estate

abs data show mount sheridan residents spend 825k on renos

Written by The ReReport

Mt Sheridan

SET in the hillsides of Cairns’ southern suburbs, Mount Sheridan has emerged as one of the city’s most affordable and family-friendly areas.
While settlement of the area dates from the late 1800s, when the land was predominantly used for sugar cane farming, the population remained minimal until the 1990s, when rapid growth took place as large numbers of new dwellings were added to the area.
With a population of 8271 and each home on average housing 2.8 people, Mount Sheridan is one of Cairns’ most popular suburbs.
Mount Sheridan is an easy 10 minute drive from the Cairns City and has a variety of houses, from relaxed family homes to properties high on the hill with scenic views across the Far North landscape.
The area is well-serviced by early childhood services and schools.
Mount Sheridan is bounded by Bayview Heights in the north, White Rock to the east and Bentley Park to the south.
It is less than 15 minutes to the southern Cairns township of Gordonvale and the turn-off to the highway to the Atherton Tablelands.
Australian Bureau of Statistics data this year showed Mount Sheridan residents were houseproud too, spending $825,100 on renovations.
On Bernard Dr, the suburb’s residents are well serviced by Mount Sheridan Plaza, which includes
Coles, Kmart, Woolworths, and an internal mall lined with specialty stores.
On the periphery is a Red Rooster and Hungry Jacks.
The multicultural area also make Mount Sheridan a great place to live with the Cook Islands Christian Church often hosting big celebrations.
In Mount Sheridan, 173 homes were sold in the 12 months to October this year for a median price of $392,500. Values grew by 18.9 per cent over the past five years.
Almost 90 per cent of properties in the suburb are detached houses but just under a quarter are owner occupied.

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