Get a property report and suburb profile for any property in Mount Sheridan

Mount Sheridan is a residential neighbourhood in the southern suburbs of Cairns, set against the green rise of its namesake hill. It has a family-oriented character and a mix of older timber Queenslander-style houses and more recent brick single-storey homes on modest to generous blocks, many with leafy outlooks or hilltop views toward the ranges. Local life centres on Mount Sheridan Plaza, nearby sporting fields such as Fretwell Park, pocket parks and walking routes into bushland, and regular bus services plus arterial roads connect the suburb to Cairns and the southern corridor, making it a practical choice for families and commuters.

The community numbers 8,678 people, with a median age of 37 and a median total household income of $1,826 a week, roughly $95,000 a year. Families are prominent, with couple families with and without children together making up 80.4% of families, and nearly three in four homes (73.1%) are owner-occupied while 26.9% are rented. There are no significant new infrastructure or civic projects reported at this time. Whether Mount Sheridan suits you will come down to what you value in housing, amenities and transport links.

Buying a house in Mount Sheridan works out to about 8.1 times a typical local household's annual income as recorded at the most recent Census (median house price $770,000; weekly household income $1,826). Renting a house at around $680 a week would take roughly 37.3% of that typical local household's weekly income at the last Census, which is a sizeable share. For people deciding between renting and buying, those two numbers are the clearest way to judge how housing costs sit against what local households earned at the last Census.

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

House values in Mount Sheridan climbed 13.8% over the past 12 months, a strong rise. Over the same period, house rents increased 8.8%, a solid gain, so on the house side capital growth outpaced rental income this year.

If you're weighing Mount Sheridan as an investment, these figures show that price growth was the stronger performer for houses over the last year while rents also rose but less quickly. Whether that balance suits your plans is something only you can judge based on your 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.