OFF MARKET

22 Edgar Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 506m2
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Property Details for 22 Edgar St, Bungalow

22 Edgar St, Bungalow is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 506m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
1950
Floor Size
84m2
Land Size
506m2
Local Government
Cairns Regional
Lot/Plan
29/RP709521

Last Listing description (September 2019)

Brilliantly located in the hub of the commercial area of Bungalow, this very central Residential 2 zoned property affords multiple possibilities and the potential for a highly flexible investment. The neat, spacious house has had several recent improvements/upgrades, including new split system air-conditioning. Set within large leafy gardens, the house has a content tenant in place. Future plans could include removal of existing house and development of a dual occupancy style premise to capitalise on the long site and super convenient location.
- Open plan layout with original timber floors and high ceilings
- Generous timber deck at the rear with lovely leafy aspect

- Kitchen features new oven and electric cook top
- Recent updates include roof re-screwing and repairs to back deck
- Excellent storage and extra-long carport for 2-3 vehicles
- 506m2 lot, perfectly positioned very close to the CBD
- Great investment opportunity, currently returning $18,200 per annum
- Current Building and Pest report available upon request

Property History for 22 Edgar St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$295,000
20 Jul 2019
Listed for Rent
$900/w
01 Feb 2016
  • 20 Jul 2019
    Sold for $295,000
  • 20 Jun 2019
    Listed for Sale Not Disclosed
  • 09 May 2016
    Sold for $327,000
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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 1,964 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 5 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 92 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.