Cairns

The Smartline Report – May Edition

The month in review: Cairns

By Herron Todd White
May 2016

Cairns is a relatively new city in the national landscape, with official settlement not taking place until 1876 and the first public land sales in 1877. In addition, many of the early buildings in Cairns only ever lasted until the next cyclone, before needing to be rebuilt. For this reason, the number of heritage buildings that have remained standing in Cairns is relatively limited.

Nevertheless the Queenslander was the predominant architectural style of dwelling for many years and there are many examples of this style in the older established suburbs. It is these older dwellings that present opportunities for renovation and modernisation.

By way of example, renovated Queenslanders in Parramatta Park currently command a market range typically of $450,000 to $600,000, compared to a typical market range of $350,000 to $450,000 for unrenovated dwellings.

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Please note that information in this publication is subject to change without notice. Smartline assumes no responsibility for any errors, omissions or mistakes in this document. © Smartline Home Loans P/L 1999 – 2016. Australian Credit Licence Number 385325

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