PALM Cove is the runaway chief in Cairns with a median edging near $1m – however a sleepy neighbouring beachside locale is scorching on its heels.
Clifton Seaside is adjoining to Palm Cove and is predominantly residential, with a few eating places and a smattering of vacation flats.
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This 4 bed room, 4 lavatory property at 1/61-67 Arlington Esp bought for $2.05m in April 2021. Image: Equipped
It’s a quick stroll alongside the sand to Palm Cove cafes and eating places.
In Palm Cove, the place the median is $965,000 for homes, not that many homes have come available on the market up to now 12 months – 69 have bought, together with 156 flats.
At Clifton Seaside, the median of $820,250 represents a 27.2 per cent enhance over 12 months with 94 homes bought.
101 Upolu Esplanade, Clifton Seaside, is available on the market with a value information of $1.99m to $2.1m. Image: Equipped
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Presents over $2.4m are looked for this 5 bed room house at 41 Arlington Esplanade. Image: Equipped
RE/MAX Cairns proprietor Ray Murphy mentioned Clifton Seaside was more and more within the sights of builders.
“There’s nothing obtainable in Palm Cove and that’s put Clifton on the radar, as the subsequent suburb closest to it,” Mr Murphy mentioned.
“And folks prefer it as a result of it isn’t as busy as Palm Cove, though Palm Cove continues to be in excessive demand.”
An attractive ocean view is on supply at 95 Upolu Esplanade, which bought for $2m final September. Image: Equipped
Homes which were tightly-held for years at Clifton Seaside are coming available on the market.
The property at 42 Xmas Ave final bought for $430,000 in 2002 – it modified palms for $945,000 in October.
And a property at 35 Arlington Esplanade bought for $1.4m in October – it final bought for $930,000 in 2004, underscoring the premium for waterfront residences.
101 Upolu Esplanade, Clifton Seaside is available on the market with a value information of $1.99m to $2.1m. Image: Equipped
The highest priced house at Clifton Seaside is $2.45m for 20-24 Alexandra St, a sprawling hillside mansion with six bedrooms and 7 loos. It bought in June 2021, the primary time it had been available on the market since 2006.
This sprawling property on acreage at 20-24 Alexandra St is the best priced property on report for Clifton Seaside, at $2.45m. Image: Equipped
A 4 bed room, 4 lavatory property at 1/61-67 Arlington Esp bought for $2.05m in April 2021.
And the home at 95 Upolu Esp bought for $2m in September this 12 months.
A 3 bed room house at 30-34 Batt St bought for $1.95m in April this 12 months.
Based on the 2021 census, the median age of individuals dwelling at Clifton Seaside is 48 and the typical quantity per family is 2.3.
This 4 bed room, 4 lavatory property at 1/61-67 Arlington Esp bought for $2.05m in April 2021. Image: Equipped
The median month-to-month mortgage reimbursement, in response to the census, is $1,820.
Clifton Seaside up 40 per cent pre pandemic and 26 per cent over 12 months
Pre-pandemic, the median was $650,000.
