WITH the highest concentration of unit complexes and just metres from the city’s restaurants and the picturesque Esplanade, Cairns North is a suburb in demand.
More than 68 per cent of the suburb was made up of apartments with the average Cairns North resident aged 35.
Earlier this year, The Cairns Post reported areas such as Cairns North were tipped to follow the same change of fortune as Brisbane’s now affluent inner suburbs.
In Cairns’ inner city suburbs, small homes on equally small plots of land are attracting high offers.
Mother of Good Counsel primary school in Cairns North
There is also the collection of traditional Queenslanders which is bring investors closer to the foreshore to renovate and modernise the homes.
Law, Cairns, Charles, Lily, and Thomas streets offer the best range and variety of the unique architectural style.
Cairns North is also home to a number of heritage-listed sites, including the McLeod Street Pioneer Cemetery at 127—145 McLeod St, Herries Private Hospital also on 180 McLeod St, the Cairns Technical College and High School Building (now Block A of the Cairns State High School) on Sheridan St and Floriana Guesthouse at 183—185 The Esplanade.
Cairns North is less than 10 minutes to Cairns Airport and encompasses excellent community amenities such as Tobruk Pool, Cairns Hospital, Cairns State High School and Mother of Good Counsel Catholic primary school (above).
Holiday residential and commercial buildings also make up the suburb.
According to the 2016 census of Population, there were 5,191 people in Cairns North.
Data from CoreLogic for November 2018 showed just 15 houses were sold in the last 12 month sin Cairns North.
However, 195 units changed hands and the median price for both types of housing stock had grown 1.2 per cent in the past three months.
On average 1.9 people lived in each home in Cairns North. Houses are held for an average of 11.1 years, apartments for an average of 9.4 years.