Cairns Rental Market Outlook

CAIRNS landlords continue to benefit from improving gross rental yields, moving from 4.8 per cent in the December quarter to 4.9 per cent in the March quarter, as the rental market holds steady in healthy territory.

The latest Real Estate Institute of Queensland Market Monitor, revealed that unlike many other regional markets, the Cairns rental market has healthy levels of vacancies, at 2.1 per cent in the March quarter.

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Oliver Voss: Specialising in residential property sales in Redlynch, Brinsmead, Freshwater, Redlynch Rise, Stratford, Trinity Park, Smithfield, Redlynch Valley, Kurrimine Beach, Redlynch Central and all other suburbs in Cairns. Acreages, units, houses, blocks of land, elite properties and million dollar plus properties.

CONTACT: CPO Redlynch 0414 725 573 EMAIL: oliver@cpo.com.au POSTAL: P O Box 334 Redlynch, Qld 4870 FAX: 07 4039 3155 OFFICE: 07 4039 3111

Registration number: 4057691

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