Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Cairns North › Greenslopes St

1224/2-10 Greenslopes St, Cairns North QLD 4870

For saleApartment

$565,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

129 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $565,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $565,000(Listing record · 29 June 2026)
  • FactLand 129 m²; no building size recorded.(Property record)
  • CalculationAsk is 23% below the Cairns North median recorded sale ($732,500, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Cairns North's advertised median rent ($583/wk), implied gross yield would be 5.37% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$565,000

Asking · $4,380/m² of land

No recorded sale for this property.

Cairns North at a glance

5,814

People

$732,500

Median sale

$583/wk

Median rent

4.14%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Cairns North report →

Vs Cairns North

-22.9%

Median sale

Suburb $732,500

+1.23 pp

Gross yield

Suburb 4.14%

Suburb median $732,500 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$565,000
Stamp Duty (Queensland)
$18,450
Transfer/Registration Fee
$2,064
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$589,214

$24,214 on top of the price (4.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Cairns North's advertised median rent — not a rent for this listing.

Net yield
3.87%
Annual cashflow (pre-tax)
$-7,539
Interest cover (DSCR)
0.74
Annual rent
$30,316
Operating expenses
$8,475
Loan amount
$452,000
Annual interest
$29,380
Gross yield
5.37%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$565,000available29 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $583/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Cairns North in one glance

Cairns North at a glance

5,814

People

$732,500

Median sale

$583/wk

Median rent

4.14%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Cairns North report →

Keep researching

  • Why Cairns North? Read the area thesis →
  • What else is on the market in Cairns North →
  • Other records on Greenslopes St →

Listing material

Listed by Twomey Schriber Property Group

TOP FLOOR, EASTERLY ASPECT, CORNER LOCATION = EVERYTHING YOU'VE BEEN SEARCHING FOR

Perched high on the top floor, welcome to a supremely private outlook, facing towards a tropical tree canopy. Welcome to a sought after, corner location, highly prised for the breeze, natural light and larger property proportions. Welcome to apartment 1224, The Lakes Resort.

Features we love;

- Top floor location, offers exceptional privacy and views

Read the full description

- Easterly aspect, captures morning sun and desirable sea breezes

- Corner locations offers sought after flow through ventilation

- Spacious balcony with leafy private outlook, perfect for entertaining

- Open plan design with tiled living areas and carpeted bedroom

- Modern kitchen with ample storage space and servery to the balcony

- Extra large 2nd bedroom with plenty of built in storage

- Split system air conditioning throughout

- WC seperate to the bathroom

- Fully gated complex with secure parking

- Full resort facilities at your fingertips plus onsite restaurant

- Just 5 minutes to the CBD, walking distance to cafes and restaurants

The Figures;

- Rental appraisal of $600 plus per week

- Council rates $3250 approx p/a

- Body corp fees $9,183 p/a

- 129m2 on title

- Built 2004

Meticulously maintained and lovingly cared for, apartment 1224 has been home to the owners for over 9 years. Every finish has been maintained to the highest of standards, show casing that things last, when they are cared for. A number of functional and considered upgrades throughout the property are also a welcome surprise, from the extra built-in storage in the living room to the addition of extra lighting in the kitchen, thought and care have been a the forefront of every element of this impeccable home.

For all inquiries or to arrange an inspection, Contact Tim Lyon on 0400 355 706.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Listing description written by Tim Lyon, Twomey Schriber Property Group — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Pet-Friendly
  • In-Ground Pool
  • Secure Parking
  • Tennis Court

Also look at

Also for sale in Cairns North

  • 820/2-10 Greenslopes St, Cairns North QLD 4870

    2-bed apartment. Asking $499K.

    For sale
  • 1011/2-10 Greenslopes St, Cairns North QLD 4870

    1-bed unit. Asking $400K.

    For sale
  • 1123/2-10 Greenslopes St, Cairns North QLD 4870

    2-bed apartment. Asking $500K.

    For sale
  • 805/2-10 Greenslopes St, Cairns North QLD 4870

    2-bed unit. Asking $529K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.