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The History of Cairns and North Queensland. What is now the city Cairns Australia was inhabited by the Walubarra Yidinji People that still recognizes their indigenous property rights. They are known in the local Yideiny language as Gimuy. In 1710 James Cook first mapped the future site known as Cairns naming it Trinity Bay.
If you compare the increase in value of investment property in Cairns North, 4870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.45%.When looking at the potential capital gains offered to property investors over the last 3 years, Cairns North comes in at number 166th in QLD.he median increase in value, or capital gain property investors experienced for this QLD suburb was -3.45%. When looking at the potential capital gains offered to property investors over the last 3 years, Cairns North comes in at number 166th in QLD.