OFF MARKET

2/5-7 Nelson Street
Bungalow QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 46m2
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Property Details for 2/5-7 Nelson St, Bungalow

2/5-7 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 46m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1990
Floor Size
80m2
Land Size
46m2
Local Government
Cairns Regional
Lot/Plan
2/BUP71058

Last Listing description (June 2022)

Offered to the market is this tidy ground floor unit in a small complex of only 8. Conveniently situated only 2km from the Cairns CBD.

Property features open plan living, dining and kitchen area with wood plank look vinyl floor coverings.

Kitchen has electric cooker and overlooks gardens. Large split system air-conditioner fitted to the main living area.

Bedroom has built in robe and adjoins a modern fully renovated bathroom with internal laundry facilities.

The unit has undercover allocated carparking.

Property is currently leased at $270 per week until 02/01/2023.

Body corporate levy's are $3,000.00 per annum (Admin fund $1,750.00 & Sinking fund $1,250.00)
Council Rates are :$1,338.93 per half year

Inspections are by appointment only. Please contact Belinda Woodburn from Felix Grasso Real Estate on 0407312293 to view this property.

Property History for 2/5-7 Nelson St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$140,000
13 May 2022
Listed for Rent
$270/w
24 Dec 2021
  • 13 May 2022
    Sold for $140,000
  • 10 May 2022
    Listed for Sale Under offer
  • 30 Nov 2021
    Listed for Rent $270 / week
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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 14 properties listed for sale, and 8 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 84 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.