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Sold on 21 Aug 2024 for $390,500

27/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
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Property Details for 27/164-172 Spence St, Bungalow

27/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Bungalow in the last 12 months.

Building Type
Unit
Floor Size
97m2

Last Listing description (August 2024)

Located on the ground floor of the secure and well-maintained 'Focus On Spence' complex, This spacious, light-filled, two-bedroom, two-bathroom apartment. Perfectly situated for easy access to all that Cairns has to offer, this apartment is ideal for those seeking low-maintenance, inner-city living or a fantastic investment opportunity!

PROPERTY FEATURES:
- Two generous bedrooms with built in robes, master complete with ensuite

- Spacious open plan living and dining with split system air conditioning
- Main bathroom with shower over bath
- Well-appointed kitchen with plenty of bench and cupboard space
- A huge patio complete with a built-in daybed, bi-fold shutters, and louvres, designed to capture cool breezes, offering the perfect entertaining are
- Internal laundry
- Complex in-ground swimming pool with BBQ area and manicured gardens
- Ground floor position within secure complex
- Fully Furnished (inventory available upon request)

The Figures:
• Body Corporate Fees: $6,483.00 approx. p/a
• Council Rates: $2,900 approx. p/a
• Rental Appraisal: $530 - $570 per week

Located within immediate proximity to all major amenities; this property is within walking distance to both primary and secondary schools, Showgrounds Shopping Centre, Cairns Central Shopping Centre, sporting facilities and just minutes away from the Cairns Esplanade.

Be quick, this property will appeal to the masses!

Contact Natasha Whalley-Thompson today to register your interest!

Property History for 27/164-172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$390,500
21 Aug 2024
Listed for Rent
$455/w
21 Feb 2022
  • 14 Aug 2024
    Sold for $390,500
  • 02 Aug 2024
    Listed for Sale UNDER CONTRACT| Contact Agent!
  • 09 Feb 2022
    Listed for Rent $455 / week
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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, 95 properties were sold in the past 12 months in Bungalow.

Suburb Insights for Bungalow 4870

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Contact agent
Natasha Whalley-Thompson
Show contact details
Ray White Cairns
Preferred contact:
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.