31 Yellowfin Close, Kanimbla QLD 4870
31 Yellowfin Close, Kanimbla QLD 4870
Quiet cul-de-sac | detached house | family-focused | tight rental demand | substantial block
This property sits in a low-density residential pocket where detached houses on generous blocks are the standard, and the close setting naturally restricts through traffic, which is a strong draw for families. The local market leans heavily toward owner-occupiers seeking space and practical layouts, and the exceptionally tight rental market also makes this a sound prospect for investors. A house on a block likely in the 700 to 900 square metre range offers genuine competitive edge, providing room for outdoor living, children’s play areas, or future extension potential. The dominant buyer profile here is families and upgraders wanting a quiet street, established neighbourhood, and reliable rental demand if the property is ever leased.
Value may be shaped by the dwelling’s condition and interior finishes, since dated kitchens or bathrooms might require near-term updating. Orientation and aspect should be confirmed on inspection, as they influence natural light and outdoor use, while any slope on the block could affect usability. A large level lot with a functional layout might support a price premium, but conservatively presented homes may sell closer to the lower end of expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Yellowfin Close, Kanimbla QLD 4870
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Kanimbla, in Cairns, is a tightly held family market. Demand is driven by owner-occupiers in households averaging 2.9 people, with a low 21% rental share. Prices have climbed 8.7%–9.1% annually to a median of $810,000–$813,000, while stock on market fell 21% year-on-year and houses sell in 22–30 days. Low vacancy of 0.17% and house yields around 4%–5% underpin investor interest. Future growth relies on Cairns infrastructure access and constrained supply, but affordability is a check: median prices exceed local income capacity, and listing volume is volatile.
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PropCred Estimated Value
Comparable Sales: 4 Clohesy Court sold $600,000 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, street position, layout
Bedrooms
5
Bathroom
3
Parking
3
Land
931m²
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