OFF MARKET

14/172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 16 Dec 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.

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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 1,964 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 6 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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