SOLD
Sold on 22 Jan 2024 for $650,000

244 Mccoombe Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 187m2
Land area: 594m2
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Property Details for 244 Mccoombe St, Bungalow

Building Type
Commercial
Year Built
2016
Floor Size
187m2
Land Size
594m2
Local Government
Cairns Regional
Lot/Plan
9/RP712739

Last Listing description (November 2016)

FOR A NEW COMMERCIAL DEVELOPMENT, SITE PREPARATION COMPLETE DA IS IN PLACE BUILDING APPROVAL WITH COMPLETE SET OF PLANS SITE AREA APPROX. 594 SQM TIRED OF PAYING RENT EXPLORE THE OPTION, BE YOUR OWN LANDLORDKNIGHT FRANK CAIRNS IS REGARDED AS A MARKET LEADER LOCALLY. KNIGHT FRANK HAS THE BENEFIT OF AN AUSTRALIAN AND WORLDWIDE NETWORK OF HIGH QUALITY COMMERCIAL AGENCY, VALUATIONS, PROPERTY MANAGEMENT, RESEARCH AND CONSULTING SERVICES. KNIGHT FRANK PROVIDES STRATEGIC ADVICE, FORECASTING, CONSULTANCY, INSIGHT AND INDEPENDENT EXPERT ADVICE, AND HAS LONGEVITY IN THE LOCAL MARKET FOR ANALYSIS AND HISTORICAL DATA. KNIGHT FRANK PRIDES ITSELF ON THEIR EXCELLENCE OF KNOWLEDGE IN COMMERCIAL OFFICE, INDUSTRIAL, RETAIL, HOTEL AND LEISURE, DEVELOPMENT AND ENGLOBO SITES, PROJECT MANAGEMENT AND SPECIAL USES SUCH AS AGE CARE, MEDICAL, VACANT LAND AND SELF-MANAGED SUPER FUNDS ETC. KNIGHT FRANK CAIRNS ARE PROVEN MARKET LEADERS WITH A SUBSTANTIAL TRACK RECORD IN BOTH SELLING AND LEASING A VARIETY OF COMMERCIAL PROPERTY THROUGH OUR COMPREHENSIVE DATABASES.

Property History for 244 Mccoombe St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$650,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $650,000
  • 18 Nov 2016
    Listed for Sale Not Disclosed
  • 02 Oct 2015
    Sold for $297,000
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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 6 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Bungalow.

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