CAIRNS SUBURB GUIDE
Mount Sheridan
The established southern-corridor suburb with the best variety of family homes, strong rental demand, and retail all in one place.
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.
Mount Sheridan is one of the largest and most established suburbs in the southern Cairns corridor, with its own shopping centre, schools close by in neighbouring suburbs, and a diverse mix of family homes that attracts both buyers and renters. The median house sale price is $732,500, up 12.7% over the past 12 months (realestate.com.au, to May 2026), and the depth of the market is the story: this is one of the highest-volume suburbs in Far North Queensland.
The Mount Sheridan profile
Mount Sheridan is one of the southern corridor's established centres and, with a population over 8,200, one of the biggest suburbs in Cairns. It has been a go-to family suburb south of the city for over 20 years, developing its own shopping precinct and medical services, with schools just across its boundaries in neighbouring suburbs. That convenience is a key part of the appeal, residents do not need to drive into central Cairns for most needs.
Homes, streets & price ranges
The spread is wide and well defined. At the top, the Tana Heights estate is producing $899K to $980K results for 4-bed new builds, a premium of roughly $150K to $240K over the established 4-bed stock. The newer estate streets, Foxtail Street, Fishtail Close, Bambusa Terrace and Alpinia Terrace among them, trade from about $700K to $900K, while the established cul-de-sacs like Fife Close, Cygnet Close and Scout Court sit at $718K to $815K. Entry-level 3-bed homes around Avondale Street and Barnard Drive still change hands in the $570Ks to $630Ks. Across the 12 months to July 2026 the recorded-sales medians were $770,500 for a 4-bed and $697,000 for a 3-bed, and Domain's May 2026 profile clocked 3-bed and 4-bed homes at a 10-day median time on market, the fastest-clearing figures in our Cairns dataset.
Schools and amenities
Schools in the neighbouring suburbs, including primary and secondary options, are a key driver of family demand. The Mount Sheridan Plaza shopping centre covers day-to-day retail. The suburb is on the Bruce Highway corridor, making commutes south or north to the CBD both manageable.
The Mount Sheridan market
This is the volume powerhouse of Cairns residential: realestate.com.au recorded 148 Mount Sheridan sales in the 12 months to July 2026, about 2.85 a week, with a top sale of $1.25M, and the REA suburb profile counted 191 houses sold in its year to May 2026 with 34 median days on market. That depth of transactions means pricing is well supported by comparable data. The 4.8% gross yield and $665/wk median rent reflect steady rental demand from families working across the southern employment corridor, and 4-bed rentals were fetching $870/wk on the May rental scrape. Verify current data before pricing decisions.
Recent Mount Sheridan sales
| Address | Sold | Property | Date |
|---|---|---|---|
| 6 Cribwood Close | $1,035,000 | 5 bed house | May 2026 |
| 9 Bambusa Terrace | $896,350 | 4 bed house | Jan 2026 |
| 10 Fishtail Close | $840,000 | 4 bed house | Jun 2026 |
| 40 Foxtail Street | $805,000 | 4 bed house | Apr 2026 |
| 21 Fife Close | $770,000 | 3 bed house | Feb 2026 |
| 4 Treetop Drive | $740,000 | 3 bed house | May 2026 |
| 34 Myrtle Close | $718,000 | 3 bed house | Mar 2026 |
| 24 Avondale Street | $576,000 | 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 (33 of the suburb's 148 recorded sales in that period, a 22.3% share). Prices are the published sold figures.
What buyers love
One of FNQ's most liquid markets: 148 REA-recorded sales in the 12 months to July 2026
Its own shopping centre and medical services, with schools close by
4.8% gross yield, with 4-bed rentals fetching $870/wk on the May 2026 scrape
10-day median time on market for 3-bed and 4-bed homes (Domain, May 2026)
Good value relative to inner Cairns at $733k median
Things to consider
Older estates can feel dated compared to newer southern corridor suburbs
About 15 to 20 minutes to Cairns CBD, car dependent
Frequently asked questions
What is the median house price in Mount Sheridan?
The median house sale price in Mount Sheridan is $732,500 as at May 2026, up 12.7% over the prior 12 months (realestate.com.au). Across the 148 REA-recorded sales in the 12 months to July 2026 the recorded medians were $770,500 for a 4-bed and $697,000 for a 3-bed. With that volume of transactions, comparables are strong. Get a local appraisal for a property-specific figure.
Which Mount Sheridan streets and estates are most sought after?
Tana Heights is the premium pocket, with 4-bed new builds achieving $899K to $980K, roughly $150K to $240K above established 4-bed stock. The newer estate streets like Foxtail Street, Fishtail Close, Bambusa Terrace and Alpinia Terrace trade at about $700K to $900K, established cul-de-sacs like Fife Close and Cygnet Close at $718K to $815K, and entry-level 3-beds around Avondale Street in the $570Ks to $630Ks.
Is Mount Sheridan a good suburb for families?
It is one of the most family-oriented suburbs in the southern Cairns corridor. Schools in the neighbouring suburbs, a local shopping centre, sporting grounds, and a range of four-bedroom family homes on serviceable blocks are the main drawcards. Domain's May 2026 profile put 3-bed and 4-bed homes at a 10-day median time on market, which reflects how actively families compete here.
How does Mount Sheridan compare to Bentley Park?
Both are strong southern-corridor family suburbs. Mount Sheridan is more established, has its own retail hub, and has the higher transaction volume. Bentley Park is slightly newer in feel, with a lower entry price at $720k median. Many buyers compare them directly before choosing; the decision often comes down to school preference and specific street-level appeal.
Thinking of selling?
Ask about selling in Mount Sheridan.
Selling resources
Thinking of selling in Mount Sheridan?
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