OFF MARKET

1/51 Palmerston Street
Aeroglen QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 72m2
Land area: 100m2
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Property Details for 1/51 Palmerston St, Aeroglen

1/51 Palmerston St, Aeroglen is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1972. The property has a land size of 100m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1972
Floor Size
72m2
Land Size
100m2
Local Government
Cairns Regional
Lot/Plan
1/SP222757

Last Listing description (November 2016)

Are you a first home buyer looking for a private, secure, fully fenced duplex that resides in a leafy and friendly neighbourhood? Are you looking to invest in a duplex that returns greater than 6% and hasn't had a vacancy for longer than 2 weeks over the last 15 years? These units are so awesome you'll need to act very quickly to secure them.
You have a rare opportunity to buy either a full or half duplex conveniently located close to all the desirable local amenities: parks and sport grounds, local shops, schools, child care, library, church, and Stratford village.
These strata titled units are both currently tenanted returning $570.00 per week with fixed leases in place until January 2017.

Both units consist of : -
- 2 bedroom, 1 bathroom
- Recently renovated kitchen & bathroom
- Tiled throughout
- Security screens
- Split system air conditioning throughout
- Undercover car accommodation at rear of block
- Both units occupy courtyards and with fully fenced grassed yards. Unit 1 has 135m2 exclsuive use yard & unit 2 has 154m2 exclusive use yard.
- Large lock up storage area which includes laundry. (This area could become a third bedroom STCA)
- Pet friendly.
- Total block size is 800m2.
Falling within catchment zones for Cairns State High School & Edge Hill Primary School and only minutes to Cairns International & Domestic Airports & the Cairns CBD. These units are waiting for new owners to move in or invest in - call today to arrange your inspection.

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Property History for 1/51 Palmerston St, Aeroglen, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$241,000
22 Sep 2016
  • 22 Sep 2016
    Sold for $241,000
  • 30 Aug 2016
    Listed for Sale Not Disclosed

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About Aeroglen 4870

The size of Aeroglen is approximately 9.9 square kilometres. It has 2 parks covering nearly 2.8% of total area. The population of Aeroglen in 2011 was 404 people. By 2016 the population was 408 showing a population growth of 1.0% in the area during that time. The predominant age group in Aeroglen is 50-59 years. Households in Aeroglen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aeroglen work in a professional occupation. In 2011, 70.5% of the homes in Aeroglen were owner-occupied compared with 71.9% in 2016.

Aeroglen has 232 properties. Over the last 5 years, Houses in Aeroglen have seen a 35.85% increase in median value. As at 31 October 2024:

  • The median value for Houses in Aeroglen is $686,814 while the median value for Units is $532,719.
  • Houses have a median rent of $470.
There are currently 5 properties listed for sale, and no properties listed for rent in Aeroglen on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Aeroglen.

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