All About Manunda, Cairns, QLD, 4870

Manunda, situated in the vibrant city of Cairns, QLD, is a diverse suburb known for its balanced mix of residential, commercial, and cultural attributes. The housing market in Manunda is characterized by its relative affordability compared to other Cairns suburbs, making it an attractive option for first-time homebuyers and investors alike. The area predominantly features a mix of older, established homes and modern apartment complexes, offering various choices to cater to different lifestyle needs. The market has shown steady growth over recent years, albeit with some fluctuations linked to broader economic conditions and tourism trends in Cairns. Prospective buyers and renters might find attractive opportunities here due to the area's potential for long-term growth and its strategic location close to the Cairns CBD.

Living in Manunda offers a laid-back lifestyle with easy access to essential amenities, making it popular among families and retirees. The suburb is known for its lush green spaces, such as the picturesque Centenary Lakes, and its proximity to the Cairns Botanic Gardens, providing residents with plenty of outdoor recreational options. Manunda boasts a rich cultural scene, celebrating diversity with local markets, community events, and various dining options reflecting global cuisines. Public transportation is conveniently accessible, linking residents to the broader Cairns area, while local schools and healthcare facilities add layers of convenience for daily life. Overall, Manunda presents a comfortable and engaging living environment that combines the benefits of suburban tranquility with the vibrant energy of urban Cairns.

Manunda Real Estate Market Outlook

Thinking about buying in Manunda? Now could not be a better time, with 4305 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $375,000 with prices in this suburb ranging from $52,000 to $4,364,000. Manunda is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Manunda there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Manunda is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Manunda changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Manunda necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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