OFF MARKET

1/8-10 Nelson Street
Bungalow QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 46m2
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Property Details for 1/8-10 Nelson St, Bungalow

1/8-10 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 46m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1993
Floor Size
46m2
Land Size
46m2
Local Government
Cairns Regional
Lot/Plan
1/BUP71441

Last Listing description (December 2020)

With a very affordable ground floor unit offering the ability for first home owners to enter the market or a fantastic investment opportunity. With a potential rental return of $280 per week, this well presented property is only minutes to Cairns CBD.

Within walking distance to Restaurants, Taverns, sporting grounds, Cairns central shopping centre and public transport. This home will sure to be a favourite and sell quickly.

- Open plan kitchen, dining and lounge areas with vinyl slat flooring

- Functional kitchen with ample cupboard & bench space overlooking courtyard
- New ceiling fans throughout coupled with air conditioning
- Large master bedroom with plenty of robe space
- Lush courtyard to enjoy
- Affordable and well managed Body corporate
- Dedicated undercover parking

BODY CORPORATE
- Approximately $600 per quarter

RATES
- Approximately $1,250.00 half year

Property History for 1/8-10 Nelson St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$118,000
26 Nov 2020
Listed for Rent
$150/w
22 May 2010
  • 26 Nov 2020
    Sold for $118,000
  • 17 Nov 2020
    Listed for Sale UNDER CONTRACT with CHRIS EUSTACE
  • 09 May 2016
    Listed for Sale PRICED TO SELL
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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.

Suburb Insights for Bungalow 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.