242 Spence St, Bungalow is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 498m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in February 2010.
$5000 PRICE REDUCTION - POTENTIAL DUAL INCOME-HOME BUSINESS-CHARMING QUEENSLANDER
FULLY SELF CONTAINED DOWN STAIRS WITH 2 BEDROOMS AND A POTENTIAL LARGE OFFICE WITH A LARGE OUTDOOR PATIO AREA WITH LOADS OF STORAGE ALONG WITH THREE BEDROOMS UPSTAIRS AND LARGE DECK WITH ALL THE CHARMS OF A TRADITIONAL QUEENSLANDER. TIMBER FLOORS THROUGHOUT WITH FRENCH DOORS ALLOW GENTLE BREEZES TO FLOW ALL AROUND.
COMMERCIAL POSSIBILITIES ALONG WITH THE CLOSE PROXIMITY TO THE CBD AND GREAT STREET FRONTAGE MEANS HOME BUSINESSES WOULD BENEFIT.
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:
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