SUBURB GUIDE
Mooroobool
Central Cairns suburb with strong rental yields, fast turnover, and genuine value for families and investors alike.
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.
Mooroobool is one of the best-rounded value suburbs in central Cairns. It is close to the CBD and major amenities, has a large volume of sales, and delivers yields that leave many pricier suburbs behind. The median house sale price is $706,000, up 13.9% over the past 12 months (realestate.com.au, to May 2026).
What Mooroobool offers buyers
Mooroobool's case is straightforward: central location, strong buyer depth (107 houses sold in 12 months), fast turnover (27 median days on market), and a gross yield of 5.2% on houses that beats many higher-profile suburbs. It sits south of the CBD and north of the southern corridor, well placed for access to employment, schools, and retail.
Homes and price ranges
The suburb is predominantly 1970s to 1990s builds with a mix of brick, timber, and lowset homes on standard-sized blocks. Three-bedroom homes trade around $665,000 and four-bedroom properties around $805,000 (realestate.com.au, to May 2026). The three-bedroom segment accounts for the majority of transactions, driven by both owner-occupiers and investors.
Schools and amenities
Several schools are accessible within or close to the suburb. Earlville Shopping Centre is a short drive away and covers the full range of retail needs. The CBD and the Cairns hospital precinct are both under 10 minutes. Mooroobool's central position means most of what residents need is reachable without long commutes.
Investment fundamentals
The numbers stand out in this suburb: $650/wk median rent, 5.2% gross yield on houses, 73 leased in the past 12 months with a 19-day median. For investors running a comparison across Cairns suburbs, Mooroobool consistently surfaces in the value tier. Always verify yields against current data and get a rental appraisal for your specific property.
What buyers love
5.2% gross yield on houses, one of the stronger yields in central Cairns
107 houses sold in 12 months, excellent comparable data for pricing
Fast-moving at 27 days median on market
13.9% price growth over 12 months alongside solid yield
Central location covers CBD, hospital, schools, and retail easily
Things to consider
Older housing stock may require updates or maintenance investment
Less prestigious address than adjacent premium suburbs
Frequently asked questions
What is the median house price in Mooroobool?
The median house sale price in Mooroobool is $706,000 as at May 2026, up 13.9% over the prior 12 months (realestate.com.au). With 107 houses sold in the year, the comparable base is solid. Get a local appraisal for a property-specific figure.
Is Mooroobool good for investment?
The yield of 5.2% on houses, $650/wk median rent, and fast rental turnover at 19 days median all point to a strong rental market. With 13.9% capital growth alongside decent yield, Mooroobool offers both legs of the return equation. Do your own due diligence on specific properties and always get a rental appraisal.
How central is Mooroobool?
Very central by Cairns standards. The CBD, Cairns Base Hospital, and several schools are all under 10 minutes by car. Earlville Shopping Centre is nearby for day-to-day retail.
Thinking of selling in Mooroobool?
Get an honest, no-obligation appraisal from a specialist who knows this suburb inside-out.
What's My Home Worth?By Alexie Aristides — Your Cairns Selling Specialist