Just wondering what the hell is going on in Cairns? I had a bit of look at the market about 6 months ago after reading in the forum that Cairns was on the move. I was looking at a few other areas through out qld ended up purchasing a little gem at Scarborough. Anyway getting back to Cairns it would seem like the market has been stagnant and some prices have even dropped over the 6 months that has passed. Infact some of the houses I looked at way back then are still on the market. I guess the high unemployment and high insurance cost has kept buyers away. However I keep hearing about these projects that " might get off the ground" from the likes of cairns city council and the Cairns post. But we hear the same down here in Gladstone, steel mill, nickel refinery, second Chanel & Australia's first wave park, etc. I think you would be crazy to buy in on a market based on pure speculation alone. Unless you have money to burn of course.