OFF MARKET

188 Newell Street
Bungalow QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 172m2
Land area: 607m2
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Property Details for 188 Newell St, Bungalow

188 Newell St, Bungalow is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in January 2007.

Building Type
House
Year Built
1960
Floor Size
172m2
Land Size
607m2
Local Government
Cairns Regional
Lot/Plan
20/RP717230

Last Listing description (November 2019)

Situated in a high traffic location in the heart of a light industrial/commercial area, this 607m2 block with a two storey timber home presents endless opportunity.

Upstairs, is a neat and tidy three-bedroom home with polished timber floors and open plan living and dining.


Downstairs is currently broken up into three offices and a possible showroom, providing the opportunity to run your business from home.

The house has just been modified by a licenced builder to allow large vehicles to access the rear and a large concrete slab is in place ready for a workshop or large shed.

The fully fenced lot is 607m2 and is zoned as Industry.

Boasting 2x 6.5 kW solar systems providing free power.

Currently rented at $500 per week. this property is a great investment opportunity.

Property History for 188 Newell St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$400,000
22 Jan 2007
  • 08 Mar 2018
    Listed for Sale $490,000 Negotiable
  • 22 Jan 2007
    Sold for $400,000

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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 1,961 properties. Over the last 5 years, Houses in Bungalow have seen a 45.24% increase in median value, while Units have seen a 50.38% increase. As at 31 August 2024:

  • The median value for Houses in Bungalow is $497,660 while the median value for Units is $278,876.
  • Houses have a median rent of $508 while Units have a median rent of $390.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Bungalow.

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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.