OFF MARKET

253 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 76m2
Land area: 496m2
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Property Details for 253 Spence St, Bungalow

253 Spence St, Bungalow is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 496m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1970
Floor Size
76m2
Land Size
496m2
Local Government
Cairns Regional
Lot/Plan
3/RP714522

Last Listing description (April 2024)

Positioned only 1.8km from Cairns Central Shopping Centre this recently modernised home ticks all the boxes for the first home buyer, empty nester, professional or investor wanting a great buy close to it all.
With excellent side access to the rear of the fully fenced backyard you will be impressed upon entering the fully tiled living, dining, kitchen and bedroom areas.
Modernised kitchen and bathroom are some of the many features of 253 Spence Street.

The back section of the block is perfect to add a shed or extension to the existing dwelling. The property is zoned medium impact industry with the Cairns Regional Council giving another option of running a business from home. (subject to Cairns Regional Council Approval).
The rear entertainment area is the ideal spot to relax & unwind after a hectic day.
No body corporate fees and a home that has low maintenance written all over it.
For further information or to arrange an inspection, contact agent today.

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Property History for 253 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$333,000
26 Mar 2021
Listed for Rent
$450/w
27 Jan 2023
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 11 Jan 2023
    Listed for Rent $450 / week
  • 26 Mar 2021
    Sold for $333,000
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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.

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