11/6 Grantala Street, Manoora QLD 4870
11/6 Grantala Street, Manoora QLD 4870
This is a 2-bedroom, 1-bathroom townhouse with a single car space and a private courtyard, set within a complex that includes a swimming pool. The unit footprint is 78 square metres and the property has been freshly painted and is ready to move into.
What is competitively strong here is the combination of an on-site pool and a private outdoor area, which is relatively uncommon for a townhouse at this price point in Manoora. The property is positioned as affordable and low-maintenance, which makes it a natural fit for entry-level buyers, downsizers, or small families who want convenience without the upkeep of a standalone house. The rental appraisal suggests strong demand, and the gross yield sits comfortably above what many comparable properties in the area deliver. This townhouse is not trying to be premium; it is a practical, well-located option that serves a clear segment of the market.
The flood overlay detected on the street is a factor that may affect both insurance costs and buyer perception, though the specific risk for this unit requires an individual assessment. The compact footprint may also limit appeal for buyers who prioritise storage or garden space. On the positive side, the property is vacant and freshly painted, which removes the usual friction of delayed possession or immediate renovation costs. Buyers should weigh the flood context carefully, but if the individual risk is low, the yield and amenity combination makes this a solid entry-level proposition.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/6 Grantala Street, Manoora QLD 4870
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Manoora presents a compelling entry point into the Cairns market, characterised by a high proportion of renters and a demographic leaning towards older residents and families. Demand is notably robust for units, driven by strong investor activity seeking solid rental yields, which has fuelled significant recent price appreciation in that segment. The housing market exhibits more moderate momentum, with sales activity indicating steady but selective interest. Future growth is supported by its relative affordability and Cairns’ broader regional connectivity, though it remains sensitive to economic pressures given local income levels and competes within a wider regional landscape.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
78m²
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