OFF MARKET

255 Spence Street
Bungalow QLD 4870

Bedrooms: 8
Bathrooms: 2
Car spaces: 2
Land area: 496m2
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Property Details for 255 Spence St, Bungalow

255 Spence St, Bungalow is a 8 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 496m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Land Size
496m2
Local Government
Cairns Regional
Lot/Plan
4/RP714522

Last Listing description (March 2018)

Wow, have I just found you, your next investment opportunity. This is every investor or would be investors dream. An income producing asset, within a stone throw from everything Cairns has to offer, side access, with a huge office/work shop at the rear and zoned industrial. This very rare opportunity to have your business at the rear of the home, live on the premises and rent the extra rooms out, now thats a dream investment.
Features
UP STAIRS (Polished timber floors)

3 great sized Bedrooms
1 Bathroom
Lounge/family room
Kitchen/dining room
Laundry and drying area
DOWN STAIRS (FULLY TILED)
5 Bedrooms
1 Bathroom
Second Kitchen
Laundry
Undercover entertaining area
Workshop/office
Side access
Dont delay call grant Stone today on 0407147084

Property Details:
Rates per annum Approx $2477.06
Currently leased at $520.00 per week til February 2014

Property History for 255 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$430,000
12 Oct 2013
  • 12 Oct 2013
    Sold for $430,000
  • 23 Sep 2013
    Listed for Sale OFFERS OVER $400,000.00
  • 20 Feb 2010
    Listed for Sale HIGH $400,000'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 1,964 properties. Over the last 5 years, Houses in Bungalow have seen a 59.88% increase in median value, while Units have seen a 62.24% increase. As at 31 January 2025:

  • The median value for Houses in Bungalow is $521,231 while the median value for Units is $323,437.
  • Houses have a median rent of $468 while Units have a median rent of $380.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 98 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.