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Chilly conditions around much of Australia have created opportunities in Far North Queensland’s property market as travellers flock to the region to escape the colder months.
Far North Queensland’s mild winters have been drawing southern travellers actively exploring properties, boosting market interest with attractive prices and seasonal advantages for sellers.
According to REA, Cairns had just over 800 properties for sale at the start of June, a level that typically remains steady through winter before rising in late spring, when listings last peaked above 1,000 in November.
With daytime temperatures averaging 24–26 degrees, property sellers in the region will receive more enquiries from prospective buyers who travel from the south.
LJ Hooker Cairns Edge Hill principal, Nadine Edwards, said those who migrate to the region to escape the chill often take the opportunity to look around at their property options.
“Up here, winter is for our property market what spring is for the capital cities,” Edwards said.
In May 2025, the median house price in Cairns North is $665,500 with a rental yield of 4.7 per cent, while the median unit price is $365,000, recording a 7.4 per cent yield over the last 12 months.
Back in November 2024, the Real Estate Institute of Queensland reported that ultra-low vacancy rates in Far North Queensland signalled a new normal, with Cook at 0.0 per cent, Mareeba at 0.4 per cent, and Cairns at just 0.9 per cent.
In May 2025, the ultra-low vacancy rate continued, with SQM Research showing that the total vacancy rate for Far North Queensland was only 0.2 per cent.
Edwards added that travellers often come to the region for at least a month to escape the cold, with just as many visitors from Sydney and Brisbane as Melbourne.
While the region has been attracting buyers seeking better weather conditions, affordable prices have also contributed to the area’s appeal.
“While they’re here, they’ll do their research to purchase for a small investment unit or low-maintenance home, with a view to relocating here permanently in the future,” she said.
Edwards spruiked Far North Queensland’s gardens, which remain vibrant all year round, given the region’s tropical climate.
“Gardens remain beautiful even during the dry season,” she said.
“Selling in the middle of the year also avoids the summer downpours, which can sometimes show drainage problems in properties.
“There are a lot of home owners who are getting their properties ready for sale now to capitalise on the influx of seasonal travellers,” she said.
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