107/92-98 Digger Street, Cairns North QLD 4870
107/92-98 Digger Street, Cairns North QLD 4870
Spacious two-bedroom unit | Edge Apartments complex | Flood overlay noted | Strong rental yield potential
This unit sits at the larger end of Cairns North apartment stock, with its 136 square metres offering a floorplan that comfortably exceeds what is typical for a two-bedroom apartment in this part of town. The configuration of two bathrooms, a master with ensuite and balcony access, and secure parking makes it well suited to owner-occupiers seeking low-maintenance living without sacrificing space, and equally to investors targeting professional tenants or downsizers. The complex itself appears to support a range of quality levels, so this unit’s position within that spectrum will matter, but the internal dimensions alone give it a competitive edge over more compact offerings in the same suburb. The building’s shared amenities and location near the CBD and Esplanade reinforce its appeal to buyers who value walkability and lifestyle convenience over a house and yard.
The flood overlay on the lot is the most material factor to weigh, as it may affect insurance costs and could narrow the buyer pool for some lenders or purchasers. Floor level and aspect for this specific unit are not confirmed from available information, and these variables can significantly influence both desirability and price within a multi-storey complex. The building’s mix of standard apartments and premium penthouses means that finish quality and view quality may vary widely, so a physical inspection to assess natural light, outlook, and internal condition is advisable before forming a firm view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 107/92-98 Digger Street, Cairns North QLD 4870
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Cairns North is a well-located suburb prized for its proximity to the CBD and lifestyle amenities. Demand is primarily driven by owner-occupiers, including first-home buyers and upgraders, attracted by its accessibility and chronic housing undersupply. While house price trends show conflicting data, the unit market demonstrates strong recent growth, supported by tight rental conditions and solid yields. Future growth is underpinned by significant infrastructure investment and population growth, though rising insurance costs in storm-prone areas present a notable constraint.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.6 acres
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