OFF MARKET

16-18 Morehead Street
Bungalow QLD 4870

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 146m2
Land area: 647m2
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Property Details for 16-18 Morehead St, Bungalow

16-18 Morehead St, Bungalow is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 647m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in January 2009.

Building Type
House
Year Built
1960
Floor Size
146m2
Land Size
647m2
Local Government
Cairns Regional
Lot/Plan
1/RP721187

Last Listing description (July 2024)

Situated in the inner-city suburb of Bungalow, this four bedroom, spacious cottage will tick all of your boxes! With an open plan living area, beautiful timber floorboards throughout, spacious outdoor living and a two-bay shed there is something here for everyone!

Property Features:
- Four bedrooms with the master bedroom comprising of built-in wardrobes and air-conditioning. The fourth bedroom would make an ideal office space.

- Open plan, air-conditioned lounge and dining space which opens onto the spacious outdoor entertainment area.
- Generous kitchen with plenty of cupboard space.
- Modern family bathroom with double vanity, separate shower recess and full bath-tub.
- Fenced 647sqm parcel of land with drive through access to the large two-bay shed. The shed also comprises of a separate storage room in addition to the two bays, perfect for a home based business!
- Currently tenanted with a fixed term lease agreement in place until 21 January 2025. Rented for $660 per week.

Please contact Joanne to arrange a time to view.

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Property History for 16-18 Morehead St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$287,500
28 Jan 2009
Listed for Rent
$430/w
07 Aug 2017
  • 29 Jul 2024
    Listed for Sale Low - Mid $600,000
  • 08 May 2024
    Listed for Rent $660 / week
  • 03 Apr 2024
    Listed for Sale Low - Mid $600,000
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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 1,948 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.

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