Cairns Regional Council
Overview of 2025 land valuation
For Cairns Regional local government area (LGA), the revaluation included 57,377 properties, with a total value of $21,803,924,000, an overall increase of 31% since the last revaluation issued in 2022.
Property market changes within the Cairns Regional LGA are being driven by:
- increases in tourism
- increased demand for residential land limited in availability due to the topography of the region
- interstate migration and local demand
- commodity prices.
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Single Unit Residential | $14,699,152,400 | 67.4% |
| Rural Residential | $1,694,269,100 | 7.8% |
| Multi-Unit Residential | $1,586,693,500 | 7.3% |
| Commercial | $1,656,564,500 | 7.6% |
| Industrial | $1,282,967,700 | 5.9% |
| Primary Production | $321,589,900 | 1.5% |
| Other | $562,686,900 | 2.6% |
| LGA total | $21,803,924,000 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
There has been a moderate increase in median values within the residential market localities of Cairns Regional LGA since the last valuation. The overall median value for residential land in the Cairns Regional LGA is $280,000, an increase of 28.7%.
The table below shows the changes in median value of residential land in the Cairns Regional LGA.
| Locality | Previous median value (as at 1 October 2021) | New median value (as at 1 October 2024) | Change in median value | Number of properties |
|---|---|---|---|---|
| Aeroglen | $227,500 | $275,000 | 20.9% | 159 |
| Aloomba | $145,000 | $217,500 | 50% | 58 |
| Babinda | $92,000 | $129,000 | 40.2% | 483 |
| Bayview Heights | $235,000 | $295,000 | 25.5% | 1,672 |
| Bentley Park | $170,000 | $217,500 | 27.9% | 3,193 |
| Bramston Beach | $155,000 | $170,000 | 9.7% | 141 |
| Brinsmead | $250,000 | $340,000 | 36% | 1,999 |
| Bungalow | $182,500 | $227,500 | 24.7% | 485 |
| Cairns North | $265,000 | $310,000 | 17% | 342 |
| Caravonica | $222,500 | $300,000 | 34.8% | 685 |
| Clifton Beach | $345,000 | $465,000 | 34.8% | 881 |
| Earlville | $222,500 | $270,000 | 21.4% | 1,182 |
| East Russell | $175,000 | $192,500 | 10% | 52 |
| East Trinity | $185,000 | $232,500 | 25.7% | 71 |
| Edge Hill | $345,000 | $430,000 | 24.6% | 1,348 |
| Edmonton | $165,000 | $212,500 | 28.8% | 3,709 |
| Freshwater | $350,000 | $420,000 | 20% | 594 |
| Gordonvale | $157,500 | $207,500 | 31.8% | 2,102 |
| Holloways Beach | $235,000 | $280,000 | 19.2% | 785 |
| Kamerunga | $245,000 | $300,000 | 22.5% | 228 |
| Kanimbla | $260,000 | $335,000 | 28.9% | 1,076 |
| Kewarra Beach | $245,000 | $345,000 | 40.8% | 2,175 |
| Machans Beach | $227,500 | $275,000 | 20.9% | 426 |
| Manoora | $180,000 | $225,000 | 25% | 1,118 |
| Manunda | $205,000 | $255,000 | 24.4% | 1,033 |
| Mirriwinni | $85,000 | $106,000 | 24.7% | 103 |
| Mooroobool | $207,500 | $260,000 | 25.3% | 2,249 |
| Mount Peter | $150,000 | $185,000 | 23.3% | 465 |
| Mount Sheridan | $182,500 | $232,500 | 27.4% | 3,343 |
| Palm Cove | $315,000 | $475,000 | 50.8% | 812 |
| Parramatta Park | $255,000 | $305,000 | 19.6% | 560 |
| Redlynch | $250,000 | $325,000 | 30% | 3,015 |
| Smithfield | $222,500 | $310,000 | 39.3% | 2,675 |
| Stratford | $345,000 | $415,000 | 20.3% | 394 |
| Trinity Beach | $255,000 | $355,000 | 39.2% | 2,250 |
| Trinity Park | $222,500 | $320,000 | 43.8% | 1,240 |
| Westcourt | $200,000 | $250,000 | 25% | 697 |
| White Rock | $162,500 | $200,000 | 23.1% | 1,418 |
| Whitfield | $340,000 | $425,000 | 25% | 1,501 |
| Woree | $197,500 | $247,500 | 25.3% | 1,100 |
| Yorkeys Knob | $250,000 | $315,000 | 26% | 610 |
Note: Table includes localities with a minimum of 50 properties as residential land use.
Explanatory notes
- The residential market within Cairns Regional LGA have generally experienced moderate to significant movements since the last revaluation.
- The investor market is still buoyant with near record residential rental vacancy rates.
- Government stimulus packages continue to fuel the demand for first homeowners.
- Competition for the limited supply of land increased with people relocating to the Cairns area.
Rural residential land
The table below shows the changes in median value for rural residential land in the Cairns Regional LGA.
| Previous median value (at 1 October 2021) | New median value (at 1 October 2024) | Change in median value | Number of properties |
|---|---|---|---|
| $315,000 | $400,000 | 27% | 3,843 |
Explanatory notes
- The rural residential market within all localities has mirrored the pattern of residential land, with moderate increases across the region.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in the Cairns Regional LGA.
| Land use category | Previous total land value (at 1 October 2021) | New total land value (at 1 October 2024) | Change in total land value | Number of properties |
|---|---|---|---|---|
| Multi-Unit Residential | $1,205,203,000 | $1,586,693,500 | 31.7% | 1,610 |
| Commercial | $1,299,055,000 | $1,656,564,500 | 27.5% | 1,426 |
| Industrial | $776,102,500 | $1,282,967,700 | 65.3% | 1,247 |
| Primary Production | $285,051,700 | $321,589,900 | 12.8% | 531 |
| Other | $385,964,000 | $562,686,900 | 45.8% | 212 |
Explanatory notes
- Commercial land recorded moderate increases overall. The Cairns central business district values have remained steady, except for properties with main highway frontage or immediately surrounding regional shopping centre hubs.
- Commercial properties on Mulgrave Road and Sheridan Street have experienced significant increases, as have commercial properties on the Northern Beaches. Commercial properties in the Southern Corridor generally had moderate increases.
- Industrial land recorded significant increases in value. Primarily driven by demand outstripping supply as there is a paucity of industrial properties available across the Cairns region, and especially so in the core industrial locations of Portsmith and Bungalow.
- Primary production land recorded an overall minor change in value, however significant increases in value were experienced in the Barron Delta, Little Mulgrave, and Babinda localities.
- Sugar prices are generally firm with the contract prices holding steady creating an optimistic outlook for the sugar industry and primary production values.
- Multi-unit residential land recorded a significant increase in value due to the increased demand for accommodation and an undersupply of available land.
More information
To view the valuation roll display listing for the Cairns Regional LGA, you can:
- see land valuations online
- visit the Department of Natural Resources and Mines, Manufacturing and Regional and Rural Development, 4th Floor, William McCormack Place II, 5b Sheridan Street, Cairns during business hours until 30 June 2025.
Adverse weather events
Has an adverse weather event impacted your land? Learn more about adverse weather events and provide event details online if you've been impacted.