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.
QLD › Cairns North › Sheridan St
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
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
Last sold
No recorded sale price for this property yet.
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 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.
Listing material
Listed by Cairns Property Office CityIntroducing an exceptional investment package – 2 Studios on the one title - numbers 6 & 12 at Lot 6/249-251 Sheridan Street, Cairns North.
Each unit is currently on a fixed lease delivering a combined total weekly rent of $740 and a gross return of over 10%, making this an outstanding addition to any investor’s portfolio. A rare opportunity to purchase 2 studio apartments on one title!! Yes you get both!!
Ideally located just 1.8km from the Cairns CBD, these units offer a winning combination of high return, low maintenance, and superb convenience.
Key Features:
- Functional kitchenette and open plan living
- Air-conditioning in the open plan kitchen/living area and security screens throughout
- Good sized bathrooms with bath/shower combination
- Each unit has a washing machine included, communal laundry also available
- One allocated undercover car space for the lot
- Situated within the Cairns State High School catchment
- Close to Cairns International and Domestic Airports, Hospitals, CBD and more
- Both units are tenanted on a fixed lease.
- Unit 6 $360 p/w until 4/10/2025, Unit 12 $380 p/w until 30/09/2026
- Total Rates costs are $5175.30 per year
- Body Corporate Fees - $5400 per year in total for the 2 Studios
- Water dependent on use - last bill approximately $150 for the 2 studios (Billed every 4 months)
- Complex built in 1970
* Please note that the photos have been edited to remove the tenants belongings and maintain their privacy.
If you're a savvy investor chasing strong returns, this dual studio offering ticks all the boxes.
📍 Don’t miss your chance to secure this rare, high-yield gem. Call me know to book a time for a private inspection - as the property is tenanted I need to give 48 hours notice.
Opportunities like this don’t last long – act fast.
Listing description written by Kelly Hill, Cairns Property Office City — reproduced as published, not verified by Districts.
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