FOR SALE
Offers Over $299,000

7/284 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 64m2
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Affordable Inner-City Investment Opportunity!

Positioned on the second level within a boutique complex of only 12 units, 'The Ray Murphy Team' proudly introduces to the market this spacious two-bedroom, one bathroom unit that offers a fantastic opportunity for savvy investors to secure a solid foothold in the real estate market. With its prime location and low-maintenance appeal, this unit will be a welcomed asset to any established or growing investment portfolio.
PROPERTY FEATURES:
- Two generous bedrooms with split-system air conditioning for year-round comfort
- Open plan living and dining area for functional, modern living
- Functional kitchen equipped with a dishwasher
- One modern bathroom
- Tiled flooring throughout for easy upkeep
- Crimsafe security screen on the front door for added peace of mind
- External laundry
- Access to a complex in-ground swimming pool, perfect for relaxation
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Property Details for 7/284 Lake St, Cairns North

7/284 Lake St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 64m2. The place is currently for sale with Ray White Cairns.

Building Type
Unit
Land Size
64m2

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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,983 properties. Over the last 5 years, Houses in Cairns North have seen a 39.39% increase in median value, while Units have seen a 64.59% increase. As at 30 November 2024:

  • The median value for Houses in Cairns North is $655,686 while the median value for Units is $397,972.
  • Houses have a median rent of $540 while Units have a median rent of $470.
There are currently 44 properties listed for sale, and 40 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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Contact agent
Ray Murphy
Show contact details
Kylie Cooper
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.