3/217-219 Spence StreetBungalow QLD 4870
Property Details for 3/217-219 Spence St, Bungalow
3/217-219 Spence St, Bungalow is a 1 bedroom, 1 bathroom Unit. The property has a land size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Bungalow in the last 12 months.
Last Listing description (August 2024)
You are welcome to inspect unit 3/217-219 Spence Street in Bungalow.
This convenient ground floor one-bedroom unit in Bungalow, combines great location and affordability. Its prime position ensures easy access to local amenities, making it an ideal choice for comfortable living.
Currently rented at $300 per week till March 2025, this unit presents an excellent investment opportunity with steady rental income. The affordable body corporate fees of $3,718.75 per year add to its appeal.
Key Features:
* Large living space
* One generously sized bedroom to provide ample accommodation for residents
* One bathroom with internal laundry
* Good size kitchen featuring abundant benchtop and cupboard space
* Air conditioning
* Resort-Style Pool shared in the complex
* Balcony
* Carpark
* Gated & secure complex
* Close to town
For investors, the details are as follows:
Price: Offers in the low $200,000's
Rental Appraisal: $330 - $360 per week
Current Rental Income: $300 per week until March 2025
Rates: Approximately $2,900 per year
Body Corporate Fees: Approximately $3,718.75 per year
Number of lots in the complex: 12
Year built: 1992 approx.
For private inspections, kindly contact Claudio. Please note that a notice of 24 hours is required to facilitate property inspections.
Please be advised that the photos provided have been digitally enhanced for privacy reasons, and the property is currently tenanted.
Disclaimer: While every effort has been made to ensure the accuracy of the information provided, we accept no responsibility for any errors, omissions, inaccuracies, or misstatements contained herein. Prospective purchasers are urged to conduct their own due diligence and verification of the information contained within this advertisement.
Property History for 3/217-219 Spence St, Bungalow, QLD 4870
- 26 Aug 2024Sold for $212,000
- 02 Aug 2024Listed for Sale Offers in the low $200,000s
- 15 Mar 2017Listed for Rent - Price not available
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0About 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.
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