Cairns suburbs of Westcourt, Manunda, Earlville have biggest bargains

first_imgCheryl Britton and her dog Olive at their Hall St home in Edge Hill. PICTURE: STEWART MCLEANNineteen homes were sold in Wonga Beach over the past year at a median price of $292,000, while 59 changed hands in Edge Hill for a median sale price of $495,000.In Cairns North, 17 were sold in the last year at a median price of $450,000.Gordonvale, Bungalow and Whitfield appear to also be in demand with many sellers getting very close to their asking price.More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days agoThe most sought-after suburbs are those that are tightly held, according to LJ Hooker Edge Hill principal Ross Moller.“Edge Hill and Cairns North are also in the Cairns State High School catchment which is in high demand,” he said. “For that reason those suburbs are value for money at any reasonable price.”He said sellers in any suburb who hoped to get the best price for their property had to do their best to present the home well.“Show it in s best light. Have great photos. Advertise in the newspaper and on the internet, and have the property staged,” Mr Moller said.“However, the market is very busy at present. With the expectation that 200 extra tradies people will be needed early next year this will put pressure on the market generally.”And, Mr Moller said buyers generally have a little extra up their sleeve and usually rely on those funds when they find the house of their dreams, or need to make changes after purchase.Real Estate Institute of Queensland Far North zone chairman Tom Quaid said his eternal advice to sellers was to “to make sure you have the right strategy in place to provide the best result, whether its to maximise profit or minimise loss”. HOME buyers looking to bag a property bargain should start their search in Westcourt, Manunda or Earlville, with vendors more likely to come to the bargaining table in the western Cairns suburbs. The data from Core Logic showed median vendor discounts over the past 12 months were 10 per cent in Westcourt, 9 per cent in Manunda and 8.4 per cent in Earlville.At the other end of the market, attempts to strike a better deal in Wonga Beach near Port Douglas, Edge Hill and Cairns North will likely fall flat with median discounts coming in at 2, 2.8 and 3.1 per cent respectively.last_img