CAIRNS SUBURB GUIDE
Caravonica
A growing north-western suburb near Smithfield and the Skyrail terminal, popular with families wanting newer homes.
Median house price
12-mo growth
Median days on market
Median rent (house)
Gross yield (house)
Houses sold (12 mo)
Source: realestate.com.au suburb profile, 12 months to May 2026. Figures are suburb-wide; your specific property may differ.
Caravonica is a north-western Cairns suburb sitting between Smithfield and the foothills, best known as the home of the Skyrail Rainforest Cableway terminal and the road up to Kuranda. It is a family-oriented area with a good supply of newer houses, well placed for the northern beaches, Smithfield shopping, and James Cook University. The median house sale price is $750,000, up 2.3% over the past 12 months (realestate.com.au, to May 2026).
What defines Caravonica
Caravonica sits in the north-west of Cairns, where the coastal plain meets the range. The Skyrail Rainforest Cableway terminal is here, along with the start of the climb to Kuranda, which gives the suburb a green, semi-rural backdrop. It borders Smithfield to the east, so the Smithfield shopping centre, James Cook University, and the Captain Cook Highway north to the beaches are all close at hand.
Homes, streets & price ranges
The suburb has a good mix of established and newer housing, with three and four-bedroom family homes on larger blocks (often 700 to 1,200 sqm) the most common stock. Three-bedroom houses trade around $737,500 and four-bedroom homes around $760,000 (realestate.com.au, to May 2026), but the top end runs well beyond: recent recorded sales include $1.54M on a 1,147 sqm Badine Street block, $1.4M for a 5-bed with dual living on Red Peak Boulevard, and $985,000 on a 1,209 sqm Kawana Street block, with the recorded 12-month top sale at $2.7M. The established 3 and 4-bed mainstream around Jilbar Close, Yurongi Street and Impey Street trades at $650K to $670K, and the recorded medians for the 12 months to July 2026 were $788,000 for a 4-bed and $725,000 for a 3-bed.
Location and daily life
Caravonica's appeal is access without congestion. Smithfield's shopping and dining are a short drive away, the northern beaches such as Trinity Beach and Kewarra Beach are close, and the Cairns CBD is a straightforward run down the highway. Families are drawn by the room to spread out and the rainforest setting on the doorstep.
The Caravonica market
realestate.com.au recorded 46 Caravonica sales in the 12 months to July 2026, just under one a week, with a recorded-sales median of $740,000. The suburb profile counted 38 houses in its year to May 2026 at 33 days median on market, a steady turnover. Houses rent at a median $700/wk for a gross yield of 4.8%, a solid result for a family suburb. The slower 2.3% growth suggests the market is consolidating after stronger years, so price to current evidence and verify the data before any decision.
Recent Caravonica sales
| Address | Sold | Property | Date |
|---|---|---|---|
| 18 Badine Street | $1,540,000 | 4 bed on 1,147 sqm | May 2026 |
| 21-23 Red Peak Boulevard | $1,400,000 | 5 bed, dual living | Dec 2025 |
| 1 Kawana Street | $985,000 | 4 bed on 1,209 sqm | Sep 2025 |
| 10 Jilbar Close | $670,000 | 3 bed house | Aug 2025 |
| 37 Yurongi Street | $660,000 | 4 bed house | Apr 2026 |
| 44 Impey Street | $653,000 | 3 bed house | Oct 2025 |
Recorded sales from realestate.com.au public sold results, 12 months to July 2026, all sold by TS Property Group, Alexie's agency (6 of the suburb's 46 recorded sales in that period; 37 Yurongi Street sold by Alexie personally). Prices are the published sold figures.
What buyers love
Home of the Skyrail terminal with a rainforest setting on the doorstep
Close to Smithfield shopping, James Cook University, and the northern beaches
Good supply of newer three and four-bedroom family homes
Solid 4.8% gross yield on houses at $700/wk
Larger blocks, with recorded premium sales to $1.54M and beyond
Things to consider
Growth has cooled to 2.3% over the past 12 months
Car-dependent, with limited walkable retail within the suburb itself
Frequently asked questions
What is the median house price in Caravonica?
The median house sale price in Caravonica is $750,000 as at May 2026, up 2.3% over the prior 12 months (realestate.com.au). Recorded medians for the 12 months to July 2026 were $788,000 for a 4-bed and $725,000 for a 3-bed, with a recorded top sale of $2.7M. For a figure specific to your home, request a local appraisal. No online median replaces a walk-through.
Which Caravonica streets stand out?
The premium sits on the bigger blocks: recent recorded sales include $1.54M on Badine Street (1,147 sqm), $1.4M on Red Peak Boulevard, and $985,000 on Kawana Street (1,209 sqm). The established mainstream around Jilbar Close, Yurongi Street and Impey Street trades at $650K to $670K.
Where is Caravonica and what is it known for?
Caravonica is in north-western Cairns, next to Smithfield, and is best known as the home of the Skyrail Rainforest Cableway terminal and the route up to Kuranda. It has a green, semi-rural feel while still being close to shopping, university, and the northern beaches.
Is Caravonica a good place to sell?
With 38 houses sold in the profile year and a 33-day median on market (realestate.com.au, to May 2026), buyers are active and the suburb turns over steadily. Growth has cooled to 2.3%, so accurate pricing matters. The dry-season window from May to October typically lifts interstate interest. Get a local appraisal before pricing.
Thinking of selling?
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What's My Home Worth?By Alexie Aristides, Your Cairns Selling Specialist