Cairns Units Showing Strong ROI

Unit groups in Cairns show strong returns

Unit groups in Cairns show strong returns

CoreLogic have recently reported that Cairns suburbs have been included in 4 out of 5, and 6 out of 10 of the country’s top yielding suburbs for Residential Units. The suburbs of Woree, Bungalow, Manunda and Westcourt were Australia’s top performers with regards to rental returns in data to November 2015. Yields achieved were around 8.0% to 8.5% on a gross basis (source: PropertyValue by CoreLogic – Feb 2016).

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