FOR SALE
$399,000

Water Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Perfect Investment - Dual Key - Inner City Apartments

Presenting an excellent investment opportunity not to be missed, this fully furnished dual key apartment situated in Cairns CBD, next to Cairns Central Shopping Centre and a few minutes' walk to the Cairns Esplanade. This complex is holiday let only with the option of renting separately or together with fantastic returns.
One Bedroom Apartment -
• Open plan living with a full sized kitchen including dishwasher
• Spacious bedroom
• Bathroom has a bath
• Good sized balcony overlooking the pool
• Internal Laundry within the bathroom
Studio Apartment -
• Open plan living with kitchenette
• Separate bathroom
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Property Details for 15/3-11 Water St, Cairns City

15/3-11 Water St, Cairns City is a 2 bedroom, 2 bathroom Unit. The place is currently for sale with Ray White Cairns.

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Unit

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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 29.56% increase in median value, while Units have seen a 49.87% increase. As at 31 August 2024:

  • The median value for Houses in Cairns City is $521,898 while the median value for Units is $498,346.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 40 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Gisele George
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Ray White Cairns
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.