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Edmonton suburb profile

Edmonton is a rapidly growing suburb located approximately 10km south of Cairns in Far North Queensland. Known for its family-friendly atmosphere, Edmonton offers a mix of residential developments, from modern homes to established properties. The suburb is surrounded by lush greenery and scenic views of the nearby mountains, providing a tranquil setting for residents. Edmonton boasts a range of amenities, including schools, shopping centres, and recreational facilities, making it a convenient place for families and individuals alike. Its proximity to Cairns ensures easy access to city conveniences while maintaining a relaxed suburban lifestyle.

Edmonton property market performance

Edmonton’s property market has shown robust growth over the past 12 months, particularly in the housing sector. House values have surged by 14%, with the median house price reaching $567,500. In contrast, unit values have seen a modest increase of 1.8%, bringing the median unit price to $235,500.

Sales activity has been more pronounced in the housing market, with 58 houses sold compared to just 5 units over the last 12 months. Houses are selling quickly, with a median of 11 days on the market, while units take slightly longer at 15 days, indicating strong demand for houses.

The rental market in Edmonton has also experienced significant changes, with house rents increasing by 9.1% and unit rents rising by 15.4% over the past year. The average rent for houses is now $600, while units average $430, reflecting a dynamic rental environment.

Median price - houses$597KPast 3 months

Median price - units$236KPast 3 months

Change in value - houses13.7%12 months

Change in value - units-0.1%12 months

Houses sold60Past 3 months

Units sold6Past 3 months

Median DOM - houses9Past 12 months

Median DOM - units14Past 12 months

Average rent - houses$600Past 12 months

Average rent - units$430Past 12 months

Change in rent - houses9.1%Past 12 months

Change in rent - units12.4%Past 12 months

Edmonton demographics

Edmonton, located in the tropical region of Far North Queensland, is a suburb that offers a blend of suburban comfort and natural beauty. With a population of 11,409, it is a growing community that attracts families and individuals seeking a relaxed lifestyle. The median age of 33 suggests a youthful and dynamic population, with many young families and professionals calling Edmonton home.

The suburb's housing landscape is characterized by a significant proportion of home ownership, with 44.2% of properties owned with a mortgage and 22.9% owned outright. This indicates a stable community with many residents investing in their homes. Additionally, 33% of the properties are rented, providing options for those who prefer flexibility or are new to the area.

Family life is a prominent feature of Edmonton, with 44.8% of households being couple families with children, and 32.6% being couple families without children. One-parent families make up 21.2% of the community, reflecting a diverse range of family structures. The suburb's amenities, including schools, parks, and shopping centers, cater well to family needs, making it an attractive place for those raising children.

Edmonton's proximity to Cairns offers residents the advantage of city conveniences while enjoying the tranquility of suburban life. The area's natural attractions, such as the nearby rainforest and Great Barrier Reef, provide ample opportunities for outdoor activities and exploration, enhancing the quality of life for its residents.

Edmonton infrastructure, key developments and investment opportunities

Edmonton is experiencing significant growth and development, with several projects enhancing local infrastructure. The construction of a new cyclone evacuation centre is nearing completion, improving community safety. A recently opened GP Super Clinic and medical centre have expanded healthcare services in the area. The suburb's retail offerings have been bolstered by a new Coles supermarket, providing more shopping options for residents.

Future developments include plans for Cairns' second hospital to be built on Mills Road, which will further improve healthcare access. The revitalization of Sugarworld Gardens and Waterslides has created a popular recreational facility for families. These improvements, along with Edmonton's proximity to Cairns CBD and its mountain backdrop, are likely to increase the suburb's appeal and potentially impact property values positively.

Edmonton rental market trends

The rental market in Edmonton has experienced notable growth, with house rents increasing 9.1% over the past year to $600 per week, while unit rents have surged 15.4% to $430 per week. This upward trend highlights Edmonton's appeal as a desirable location for both renters and investors, driven by its affordability and potential for future growth.

Suburbs near Edmonton

Some popular suburbs near Edmonton include:

Common questions about Edmonton

  • Is Edmonton a nice place to live?

    Edmonton is a delightful suburb that offers a wonderful blend of suburban comfort and natural beauty, making it a fantastic place to live. Nestled in the tropical region of Far North Queensland, it provides a serene and picturesque environment with its lush greenery and scenic mountain views. The suburb is known for its family-friendly atmosphere, which is evident in the strong community spirit and the range of amenities available to residents. Families will find Edmonton particularly appealing due to its excellent schools, parks, and recreational facilities that cater to children and adults alike.

    The suburb's proximity to Cairns is a significant advantage, offering residents easy access to city conveniences while maintaining a peaceful suburban lifestyle. Edmonton's vibrant community is characterized by a youthful and dynamic population, with many young families and professionals choosing to call it home. The suburb's retail and healthcare facilities are continually improving, providing residents with a growing array of services and shopping options. The recent developments, such as the new GP Super Clinic and the revitalization of Sugarworld Gardens, enhance the quality of life and add to the suburb's charm.

    While Edmonton offers many benefits, there are some trade-offs to consider. As a rapidly growing suburb, it may experience increased traffic and development pressures in the future. However, the ongoing infrastructure projects, like the construction of a new cyclone evacuation centre and plans for a second hospital, demonstrate a commitment to improving community safety and healthcare access. Overall, Edmonton is a lovely place to live for those seeking a balance of suburban tranquility, natural beauty, and proximity to urban amenities, making it an ideal choice for families and individuals alike.

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  • Is it expensive to live in Edmonton?

    Living in Edmonton can be seen as relatively affordable when compared to other suburbs in Queensland. The current median house price is $567,500, which is quite reasonable compared to the higher prices found in more central or coastal locations. For those considering renting, the average rent for houses is around $600 per week, while units are more budget-friendly at $430 per week.

    When you look at the income side of things, the average wage in Edmonton is approximately $52,000 per year. This translates to a weekly income of about $1,000, which is slightly below the median total household income in Edmonton of $1,643 per week. This indicates that many households might have dual incomes, making the cost of living more manageable.

    Overall, Edmonton offers a more affordable living option compared to many other suburbs in the region. If you are thinking of living in Edmonton, it's important to consider your income and lifestyle preferences, but generally, it provides a good balance between cost and quality of life.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Edmonton a good place to invest?

    Edmonton is showing promising signs as a potential investment suburb, particularly for those interested in rental properties. Over the last 12 months, the suburb has experienced a notable 14.0% increase in median house values, indicating strong demand and appreciation in the housing market. While the growth in unit values has been more modest at 1.8%, the rental market for units has seen a significant boost, with rents increasing by 15.4%. This suggests a strong demand for rental units, making them an attractive option for investors seeking rental income.

    The rental market for houses in Edmonton has also been robust, with a 9.1% increase in rent over the past year. This steady rise in rental prices for both houses and units highlights the suburb's appeal to renters, ensuring a consistent demand for rental properties. Edmonton's growth in property values and rental returns makes it a suburb worth considering for investors looking to capitalize on both capital appreciation and rental income. Overall, Edmonton presents a balanced opportunity for investment, with potential for both property value growth and strong rental yields.

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