SOLD
Sold on 05 Jul 2024 for $2,100,000

220-226 Scott Street
Bungalow QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2601m2
Sold By
Revolution Real Estate
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Property Details for 220-226 Scott St, Bungalow

Building Type
Land
Land Size
2601m2
Local Government
Cairns Regional
Lot/Plan
10/SP301559

Last Listing description (August 2024)

Revolution Real Estate Cairns is delighted to offer this rare 21m frontage development sitelocated in a prime spot, this property features 1064sqm of undeveloped land in the industrial area of Bungalow Prime development potential (Subject to council approvals) Located at the western end of Scott st Land frontage 21 Metres Zoned Mixed Use - Cairns Regional Council Perfect location for tilt sheds Car parking allocated

Property History for 220-226 Scott St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$2,100,000
05 Jul 2024
Listed for Rent
28 Feb 2022
  • 06 Jul 2024
    Listed for Sale Contact Agent
  • 05 Jul 2024
    Sold for $2,100,000
  • 23 Aug 2023
    Listed for Sale Mid $800,000's
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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 1,947 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 18 properties listed for sale, and 6 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.