With a growing population and increasing
popularity as a tourist destination for domestic and international
tourists, the Cairns property market remains buoyant with property
values expected to continue rising steadily over the next 6
The Herriots Cairns office specialises in residential valuations
for mortgage security. We take pride in preparing fast, accurate,
independent and objective reports for our clients.
Our valuations have stood the test of time from 1999 - 2002 when
property values were rising steadily in the Cairns market, through
the boom of 2003, to the current climate where property is back
to slower, steady growth. International and interstate buyers make
up a large proportion of the investor market in Cairns and rely
on independent advice from the Herriots office to ensure they are
not paying over market
value for property in the Cairns region.
Cairns offers investors attractive yields on long term and short
term rental properties. A significant proportion of the Cairns population
is transient as a result of backpacking travellers and itinerant
hospitality workers. There is also currently increased demand for
rental properties from the established Cairns population and ongoing
demand for short term apartment rentals in resort style developments
domestic and international tourists.
The Cairns valuation team collectively represents more than 65 years
in the industry. We prepare valuations about property in the Cairns
region for a number of leading banks and building societies including
Westpac, Suncorp, and St George.
We also work for ordinary consumers wanting an objective understanding
of the market value of property in the Cairns region.
Established in 1999, the Cairns team is managed by Herriots partner
Natalie Bond. Natalie is a Cairns local, having lived in Cairns
since early childhood. Her family has been in the real estate business
in Cairns for many years. Natalie started her career in valuation
with another Cairns firm before expanding her experience with a
Brisbane firm. She commenced working with Herriots at the Brisbane
South office, before establishing the Cairns operation.