OFF MARKET

256 Spence Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 443m2
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Property Details for 256 Spence St, Bungalow

256 Spence St, Bungalow is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 443m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1950
Floor Size
97m2
Land Size
443m2
Local Government
Cairns Regional
Lot/Plan
6/RP712086

Last Listing description (February 2024)

Twomey Schriber Property Group presents this high-set neat 3 bedroom home, ideally located close to shopping & sporting facilities, bus routes, as well as Cairns CBD.

INTERNAL FEATURES:
- Open plan, living/dining area with air conditioning

- Timber flooring to upstairs areas
- High ceilings and tongue & groove walls
- Renovated kitchen with new bench tops and a new stove to be installed
- Generous sized bedrooms
- Shower recess to bathroom
- Quality curtains to be installed

EXTERNAL FEATURES:
- Storage and lockable workshop located under house
- Fully fenced yard with easy to maintain block
- Security screens fitted
- Side access to the rear of the property
- External laundry located under house

Perfect for those seeking a centrally located property with storage options, within easy walking distance of Cairns CBD. Be quick to register for your viewing!

** IMPORTANT INFORMATION **

LEASE TERM: 12 month lease
WATER: Tenants to pay 80% of water usage

Property History for 256 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$390,000
14 Mar 2023
Listed for Rent
$495/w
16 Feb 2024
  • 31 Jan 2024
    Listed for Rent $495 / week
  • 14 Mar 2023
    Sold for $390,000
  • 06 Mar 2023
    Listed for Sale SOLD by David Galloway-Penney
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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 1,961 properties. Over the last 5 years, Houses in Bungalow have seen a 45.24% increase in median value, while Units have seen a 50.38% increase. As at 31 August 2024:

  • The median value for Houses in Bungalow is $497,660 while the median value for Units is $278,876.
  • Houses have a median rent of $508 while Units have a median rent of $390.
There are currently 14 properties listed for sale, and 8 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.