SOLD
Sold on 14 Jan 2024 for $550,000

3 Palmerston Street
Aeroglen QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 6m2
Land area: 407m2
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Property Details for 3 Palmerston St, Aeroglen

Building Type
Commercial
Floor Size
6m2
Land Size
407m2
Local Government
Cairns Regional
Lot/Plan
2/RP710551

Last Listing description (May 2019)

Sitting on a heavy traffic flow access road it this single titled multiple use commercial property on 407m2.Current Split into two premises on the left a 55m2 shop and the right is a 42m2 shop.The rear of the property has a 40m2 covered storage area with two enclosure toilet rooms.Also on the site is a 36 m2 shed for storage that can be accessed by certain vehicles down the side of the building.Previously rented to two separate businesses it is now vacant, primed to suit the next owner occupier or investor.Please contact Stuart for inspections.

Property History for 3 Palmerston St, Aeroglen, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$550,000
14 Jan 2024
  • 14 Jan 2024
    Sold for $550,000
  • 05 Jun 2019
    Sold for $360,000
  • 11 Feb 2019
    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.

Suburb Insights for Aeroglen 4870

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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.