OFF MARKET

271 Spence Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 493m2
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Property Details for 271 Spence St, Bungalow

271 Spence St, Bungalow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 493m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1950
Floor Size
81m2
Land Size
493m2
Local Government
Cairns Regional
Lot/Plan
12/RP714522

Last Listing description (November 2022)

Fully renovated Queenslander just minutes to the city!

You can live in the house and run your business form here - the backyard has been totally separated and fenced so that you can drive down the side and store machinery or run a garden business from here !

- 3 Bedrooms / 3 Offices

- Open plan layout
- Kitchenette
- Bathroom and separate toilet
- Freshly painted throughout
- French doors to open up to the lovely cool breezes
- Huge fully lockable downstairs under the house for storage
- Stunning polished timber floors throughout
- New split system Daikin air con throughout

If you just want to rent the home it is $500 per week - no gardening !
If you want to rent and run a business as well from the backyard ie: selling Pots, storing cars, selling cactus etc then it is $600 per week

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Property History for 271 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$385,000
19 Aug 2022
  • 23 Nov 2022
    Listed for Rent $600 / week
  • 19 Aug 2022
    Sold for $385,000
  • 02 Aug 2022
    Listed for Sale Under Contract
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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 46.23% increase in median value, while Units have seen a 49.77% increase. As at 30 September 2024:

  • The median value for Houses in Bungalow is $496,388 while the median value for Units is $289,396.
  • Houses have a median rent of $485 while Units have a median rent of $390.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Bungalow.

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