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Sold on 01 Nov 2024 - Price Unavailable

1/193-195 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 92m2
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Property Details for 1/193-195 Spence St, Bungalow

1/193-195 Spence St, Bungalow is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Bungalow in the last 12 months.

Building Type
Unit
Land Size
92m2
Local Government
Cairns Regional
Lot/Plan
1/SP188115

Last Listing description (November 2024)

Positioned on the ground level within a boutique complex of only 10 units, 'The Ray Murphy Team' is delighted to present to the market this two-bedroom, one bathroom unit that offers a sensational entry level property or will be a welcomed asset to any new or existing investment portfolio.

PROPERTY PROFILE:
- Two bedrooms, complete with built-in wardrobes and split systems air conditioning

- One spacious bathroom with separate toilet
- Well-appointed kitchen with plenty of bench and cupboard space
- Security screens
- Internal Laundry
- Single carport directly at the front of the unit
- Complex in-ground swimming pool complete with a gazebo

BOTTOM LINE:
- Body Corporate Levies: $4,200 approx. p/a
- Council Rates: $2,900 approx. p/a

Located within immediate proximity to all major amenities; this property is within walking distance to both primary and secondary schools, Showgrounds Shopping Centre, Cairns Central Shopping Centre, sporting facilities and just minutes away from the Cairns Esplanade.

Don't miss your chance to secure this affordable, city fringe unit! Contact 'The Ray Murphy Team' today to register your interest!

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Property History for 1/193-195 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
01 Nov 2024
Listed for Rent
$420/w
22 Jan 2024
  • 01 Nov 2024
    Sold for $305,000
  • 02 Oct 2024
    Listed for Sale SOLD! Another Wanted
  • 10 Jan 2024
    Listed for Rent $420 / week
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About Bungalow 4870

The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of total area. The population of Bungalow in 2011 was 2,164 people. By 2016 the population was 2,159 showing a population decline of 0.2% in the area during that time. The predominant age group in Bungalow is 20-29 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation. In 2011, 35.1% of the homes in Bungalow were owner-occupied compared with 34.7% in 2016.

Bungalow has 1,947 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Bungalow is $517,489 while the median value for Units is $307,199.
  • Houses have a median rent of $463 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Bungalow.

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Ray Murphy
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Ben Keene
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Ray White Cairns
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