Get a property report and suburb profile for any property in Holloways Beach

Holloways Beach is a small coastal suburb on Cairns' northern beaches with a relaxed beachfront village character centred on a long sandy foreshore, parkland and an esplanade. Streets are dominated by low-rise, often elevated houses and older timber cottages alongside modest apartment blocks, a mix of traditional Far North Queensland homes and newer beachside builds. It attracts people after a laid-back seaside lifestyle, notably families and retirees who use the beach for swimming, fishing and walks, and the nearby Captain Cook Highway and airport keep the city and everyday services within easy reach.

The community numbers 2,398 people with a median age of 46 and a median household income of $1,342 a week. Couple households make up the bulk of families, and owner-occupation (63.3% of dwellings) is more common than renting. The suburb is the focus of a flood-recovery bridge project to replace a washed-away section of road and foreshore, and council has approved coastal recovery work including sand nourishment and revegetation with community dune planting. Council procurement lists a community hall toilet upgrade, and local reporting notes the council’s 10-year capital works program does not currently include budget for large-scale coastal protection works at Holloways Beach.

Renting in Holloways Beach would take a sizeable to large share of what a typical local household earned at the last Census. A house rent of $610 a week is about 45.5% of a typical local household's weekly income at the last Census, while a unit rent of $495 a week is about 36.9% of that income. On these figures, rent represents a sizeable share of local household income for units and a large share for houses, so whether that feels expensive depends on your own income and circumstances.

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

Prices in Holloways Beach moved sharply over the past 12 months: median house values climbed 22.2% and median unit values rose 13.5%. Rents also increased, with house rents up 10.9% and unit rents up 7.6%.

The figures show capital growth outpaced rental income on both houses and units this year, and the house side recorded larger gains than the unit side for both value and rent. Which of those outcomes matters to you will depend on whether you prioritise price growth or rental income.

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.