"Cairns: From hot weather to hot property. Hotspot Cairns (4870) is no longer just a tourist destination, it’s one of Queensland’s most exciting property markets.There’s a magic to the tropics that makes you want to stay forever, and when I talk about this stunning city to my friends, I often say:"You can leave Cairns, but Cairns never leaves you."The rise of remote work post-COVID has reshaped Cairns' demographics, with professionals and digital nomads making the move permanently, alongside a resurgence of working holiday makers.This shift has tightened housing supply, driving a 50% surge in house prices over the past five years, while the vacancy rate has plunged to just 0.80%. Even my friends who have lived in Cairns since the 2000s struggle to find rentals.While many still see Cairns as just a holiday hotspot, its economy is rapidly diversifying. Agribusiness, healthcare, government jobs, and aviation are fueling long-term demand, firmly putting Cairns on the investment map for those looking beyond the capital cities."
The above quote is from a property specialist who was looking at the best property investment areas thoughout Australia. It is good to know that Dixon Homes build in this area as part of their northern Qld operations.
However I also know that there are current flood warnings across much of northern Qld and I expect that this must have some impact on Dixon's operations. I am assuming at this point there is not sufficient impact for them to issue any warning about major changes against their FY 24 revenue or earnings. If Lev or Geoff Acton are readers of this it would be nice to hear some confirmation about TWD's status with regard to the major weather events occurring in their north Qld operations.
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TWD
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$2.67

"Cairns: From hot weather to hot property. Hotspot Cairns (4870)...
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Last
$2.67 |
Change
0.040(1.52%) |
Mkt cap ! $103.3M |
Open | High | Low | Value | Volume |
$2.65 | $2.67 | $2.65 | $4.773K | 1.801K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6250 | $2.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.74 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6250 | 2.660 |
1 | 1910 | 2.650 |
1 | 2312 | 2.630 |
1 | 2000 | 2.620 |
2 | 11000 | 2.600 |
Price($) | Vol. | No. |
---|---|---|
2.740 | 2500 | 1 |
2.780 | 3417 | 1 |
2.800 | 5000 | 1 |
2.850 | 2000 | 1 |
2.880 | 1680 | 1 |
Last trade - 14.59pm 30/07/2025 (20 minute delay) ? |
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