OFF MARKET

28/172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
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Last updated 2 Sep 2024
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Property Details for 28/172 Spence St, Bungalow

28/172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 73m2.

Building Type
Unit
Year Built
2006
Floor Size
73m2
Local Government
Cairns Regional

Last Listing description (December 2019)

Therese Plath is excited to present this lifestyle property in the highly sought after complex - Focus on Spence. This gated resort style complex is positioned just 10 minutes' walk from the Cairns City Centre and 5 minutes from Cairns Central Shopping literally at your doorstep.Buyers will appreciate this immaculate, light filled and modern ground floor apartment. The redeeming features of this property continue with the sleek modern kitchen, living and dining presenting a clean white palette and enjoys seamless access through sliding glass doors to the covered entertaining area fitted with plantation shutters and can be shut completely to give a sense of yet another room. For the house cook they will continue their culinary span with ample bench, cupboard and storage space. Fitted with quality stainless steel appliances including electric cook top and dishwasher.Boasting two generously sized bedrooms, master with en-suite and mirrored built-ins and centrally located main bathroom.Incorporated into this special slice of real estate is a single undercover car accommodation plus visitor parking car park conveniently located near external patio sliding doors.Other notable features include:- Pet friendly body corporate - Interior freshly painted- New light fittings and fans throughout- Fully security screened- Split systems for year-round comfort- Internal laundry- Day bed with extra storage underneath- Complex exterior freshly painted July 2019- Sparkling pool area with undercover BBQ area- Landscaped gardens throughout- Experienced on-site resident managerThe inspected rental income for the savvy investor is approximately $380 per week. This one is perfect for first home buyers, people looking to down size and/or investors. An inspection will not disappoint!! Call Therese Plath today on 0418 772 995!

Property History for 28/172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
  • 09 Oct 2019
    Listed for Sale High $200's Range

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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 1,960 properties. Over the last 5 years, Houses in Bungalow have seen a 43.03% increase in median value, while Units have seen a 58.48% increase. As at 31 July 2024:

  • The median value for Houses in Bungalow is $490,575 while the median value for Units is $284,489.
  • Houses have a median rent of $515 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, 89 properties were sold in the past 12 months in Bungalow.

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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.