OFF MARKET

1/205 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 85m2
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Property Details for 1/205 Spence St, Bungalow

1/205 Spence St, Bungalow is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 85m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1994
Floor Size
85m2
Land Size
85m2
Local Government
Cairns Regional
Lot/Plan
1/BUP100712

Last Listing description (November 2019)

Location, Location Location!
This generous two bedroom unit adjacent to Cairns CBD represents an excellent opportunity for the savvy investor. The kitchen and bathroom are both modern and very functional. The open plan and fully air-conditioned living area is spacious and natural light filled. Rental return of $295 per week with long term, happy tenants in place who would love to stay.

Features:

- Open plan, tiled and air conditioned living area
- Great size kitchen with plenty of cupboard space, dishwasher, electric cook top and oven
- Two good sized bedrooms with built in wardrobes and carpeted
- Single lock-up garage with internal entrance
- Generous bathroom
- Internal laundry
- Patio
- Resort style in ground pool

OWNER SAYS SUBMIT OFFERS
This lovely unit has plenty to offer in a small complex of 5. Ideally located to all amenities including Cairns CBD, restaurants, public transport, The Esplanade and Cairns Central. Call now to book your inspection!

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Property History for 1/205 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$155,000
19 Nov 2018
Listed for Rent
$295/w
20 Feb 2017
  • 13 Mar 2019
    Listed for Rent $310 / week
  • 19 Nov 2018
    Sold for $155,000
  • 30 Mar 2018
    Listed for Sale $165,000
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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 1,964 properties. Over the last 5 years, Houses in Bungalow have seen a 58.49% increase in median value, while Units have seen a 53.45% increase. As at 30 November 2024:

  • The median value for Houses in Bungalow is $513,898 while the median value for Units is $316,963.
  • Houses have a median rent of $450 while Units have a median rent of $385.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Bungalow.

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