Question 1

Is Bungalow a nice place to live?

Accepted Answer

Bungalow sits just inland from the waterfront in inner-city Cairns and has a compact, predominantly residential feel. Streets mix classic timber Queenslander cottages and low-set post-war houses with a handful of modern units, and palms and established shade trees give the area a relaxed tropical character. The suburb suits a mix of residents — young professionals, small families and long-term locals — who value easy walking access to cafes, shops and public transport while remaining close to the waterfront and city recreation.

The community numbers 2,358 people, with a median age of 38 and a median household income of $1,121 a week (about $58,300 a year). Homes are mainly rented, with 61.5% of dwellings rented and 38.5% owner-occupied. Bungalow is part of the council’s Bungalow & Portsmith Marine Precinct planning, which highlights green connections, tree canopy and improved transport links, and Ports North is progressing a significant Cairns Marine Precinct facility in nearby Portsmith backed by joint government funding of around $387 million; council has scoped related support arrangements for local infrastructure.

Question 2

Is it expensive to live in Bungalow?

Accepted Answer

Renting in Bungalow looks costly against what a typical local household earned at the last Census. A house rent of $605 a week would take about 54.0% of a typical local household's weekly income at the last Census, while a unit rent of $460 a week would take about 41.0% of that income. On these figures, both house and unit rents would consume a large share of a typical local household's income at the last Census, so for people renting these shares are the clearest affordability measures to consider.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Bungalow a good place to invest?

Accepted Answer

Both houses and units in Bungalow showed strong capital growth over the past 12 months: median house values climbed 27.5% and median unit values rose 20.7%. Rents increased too, but by different amounts — unit rents jumped 15.0% while house rents rose 5.2%.

Put simply, the numbers show capital growth was the stronger mover this year, especially for houses, while units produced the larger uplift in rental income. Which of those outcomes matters to you will depend on whether you prioritise capital growth or rental income and on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	27.5%	20.7%
Sold Past 3 months	6	6
Median days on market Past 12 months	25	11
Average rent Past 12 months	$605	$460
Change in rent Past 12 months	5.2%	15.0%

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