Kewarra Beach Property Market: Current Trends and Investment Opportunities

experiencing notable activity in its property market. Recent data indicates a median house price of approximately $700,000, reflecting an annual capital growth of 4.95%. The area has seen a significant number of property transactions, with 127 houses sold over the past year. Properties typically spend an average of 20 days on the market, reflecting strong demand and efficient sales processes. The suburb's population has grown by 6.6% between 2011 and 2016, reaching 5,649 residents, predominantly aged between 40-49 years. This demographic trend, coupled with a high owner-occupancy rate of 68.2%, underscores the community's appeal to families and professionals. Additionally, Kewarra Beach offers ample green spaces, with 21 parks covering nearly 25.3% of the total area, enhancing the quality of life for its residents.

Latest Property News & Developments in Kewarra Beach

1. Stable Median House Prices – The median house price in Kewarra Beach is approximately $700,000, indicating a balanced market.
2. Robust Unit Market – Units have a median price of $526,000, with an annual capital growth of 43.13%.
3. High Sales Volume – In the past 12 months, 127 houses and 22 units have been sold, showcasing active market participation.
4. Quick Turnaround – Properties spend an average of 20 days on the market, reflecting strong buyer interest.
5. Population Growth – The suburb's population increased by 6.6% from 2011 to 2016, reaching 5,649 residents.
6. Predominant Age Group – The primary age demographic is 40-49 years, indicating a mature community.
7. Family-Oriented Households – Many households consist of couples without children, emphasizing the suburb's appeal to diverse family structures.
8. Professional Workforce – A significant portion of residents are employed in professional occupations.
9. High Owner-Occupancy Rate – Approximately 68.2% of homes are owner-occupied, reflecting community stability.
10. Extensive Green Spaces – Kewarra Beach boasts 21 parks, covering nearly 25.3% of its total area.
11. Rental Yield for Houses – Houses offer a rental yield of 5.03%, with a median weekly rent of $675.
12. Increasing Median Rents – The median rent for units is $535 per week, indicating strong rental demand.
13. Auction Clearance Rates – The suburb maintains a healthy auction clearance rate, contributing to market confidence.
14. Proximity to Cairns CBD – Located approximately 20 km from Cairns' Central Business District, offering convenient access.
15. Educational Facilities – The presence of quality schools enhances the suburb's appeal to families.
16. Retail and Dining Expansion – Growth in local businesses provides residents with diverse shopping and dining options.
17. Transportation Infrastructure – Well-developed transport links facilitate easy commutes to neighboring regions.
18. Community Engagement – Active local organizations and events foster a strong sense of community.
19. Environmental Conservation Efforts – Initiatives to preserve natural surroundings contribute to Kewarra Beach's appeal.
20. Safety and Low Crime Rates – Kewarra Beach maintains a reputation for safety, making it a desirable location for families and retirees.