Cairns City at a glance
3,913
People
No data
Median sale
$583/wk
Median rent
No data
Suburb gross yield
QLD › Cairns City › Sheridan St
$300,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$300,000
Asking
No recorded sale for this property.
Cairns City at a glance
3,913
People
No data
Median sale
$583/wk
Median rent
No data
Suburb gross yield
$13,432 on top of the price (4.5% extra)
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.
Pre-filled with Cairns City's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
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.
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.
Gross yield if leased at the suburb aggregate is 10.1%. 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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cairns City at a glance
3,913
People
No data
Median sale
$583/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Professionals Edge HillWhat You See:
Step into the heart of Cairns with this well-positioned inner-city apartment, perfectly placed within the city's legal and business district and just a short stroll from cafés, restaurants, shops, bars and the Cairns Convention Centre.
Set within a professionally managed complex, the property offers genuine flexibility for investors, whether you're looking at long-term rental, short-term accommodation or potentially lucrative holiday letting.
Inside, a generous open-plan living and dining area connects effortlessly to a clever, functional kitchen and private balcony overlooking the complex pool. An opulent marble bathroom with laundry cupboard. It's an easy-care property offering location, lifestyle and versatility in one appealing package.
What We See:
A clever investment opportunity combining genuine size, space and a highly sought-after inner-city location. Positioned on the top floor of a well-maintained complex, the apartment enjoys the added convenience of lift access and an onsite reception.
An allocated car space is another valuable inclusion, particularly in a busy inner-city environment where secure parking is at a premium.
We also love the outlook, with elevated views across the complex pool and towards the Yarrabah Ranges.
With flexible letting options and a location that puts the best of Cairns right outside your door, this is an investment with plenty to like.
Everything Else:
- Onsite reception and professionally managed complex
- Spacious open-plan living and dining
- Private balcony
- Allocated car space
- Pool and elevated Yarrabah Range outlook
- Flexible long-term or holiday letting potential
Location Highlights:
- Prime Cairns CBD location
- Walk to Cairns Central
- Close to Esplanade & Lagoon
- Near Cairns Convention Centre
- Easy access to Reef Fleet Terminal
- Convenient access to Cairns Airport
|Build Year: 1995|
|Council Rates: Approx $3,200/annum|
|Property currently within the holiday let pool|
|Body Corporate Fees: Approx $9,900/year|
Disclaimer:
The material and information contained in this marketing are for general information purposes only. Professionals does not accept responsibility and disclaims all liability for any errors or inaccuracies contained herein. Interested parties should rely on their own enquiries.
Listing description written by David Galloway-Penney, Professionals Edge Hill — reproduced as published, not verified by Districts.
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