OFF MARKET

14/172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 14/172 Spence St, Bungalow

14/172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (August 2022)

This lovely, light and spacious, two-bedroom, garden level apartment is beautifully presented throughout and enjoys a prime position within the development with direct garden and pool access. The current owner has upgraded several fittings including ceiling fans and ceiling and wall light points to make this a super stylish home and excellent investment close to the City Centre. The apartment has the added benefit of a delightful fully fenced exclusive use courtyard PLUS private enclosed patio area which leads to the manicured gardens and resort style resident's pool. With a great location close to Cairns vibrant City Centre and Waterfront the development at "Focus on Spence" is highly sought after and tightly held making this a rare opportunity for the smart buyer.

* Beautifully presented garden level apartment.
* Split system air conditioning.

* Spacious, tiled living and dining areas flow out to the enclosed patio.
* Two good size bedrooms with built in robes.
* Master bedroom with modern ensuite bathroom.
* Good size main bathroom with enclosed bath and shower.
* Separate laundry.
* Useful additional linen and storage cupboards.
* Modern fitted kitchen with built in appliances.
* High ceilings with new fans and light fittings.
* Crim safe triple lock screen door.
* Crim safe screens for added security.
* Exclusive use fully fenced courtyard garden.
* Private covered car park.
* Body Corp levies of only $4,970.63 per annum.
* Secure gated entry and great location close to the City Centre.

Property History for 14/172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
  • 04 Aug 2022
    Listed for Sale Under Contract

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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 1,948 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 20 properties listed for sale, and 7 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 86 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.