OFF MARKET

3/5-7 Nelson Street
Bungalow QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 46m2
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Property Details for 3/5-7 Nelson St, Bungalow

3/5-7 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 46m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1990
Floor Size
46m2
Land Size
46m2
Local Government
Cairns Regional
Lot/Plan
3/BUP71058

Last Listing description (September 2022)

Cairns Leading Real Estate is proud to present this neat and tidy, partly furnished one-bedroom unit to the market for sale.

Located on the ground floor in a small complex of just 8, Unit 3/5-7 Nelson St, Bungalow offers a solid entry opportunity for the owner occupier or investor. Generously proportioned and exceptionally convenient, just minutes to the Cairns CBD, major shopping centres, schools and public transport.

The unit complex is well maintained, has been recently repainted, had new colourbond fencing installed and tropical gardens landscaped.

Features you will love:
- Open plan with combined living and dining
- Bathroom with internal laundry
- Bedroom with built-in robe
- Ceiling fans throughout and air-conditioning to bedroom
- Low body corp approx. $3,000p.a
- Currently rented at $230pw on a periodic lease

This property is perfect for the owner-occupier with the tenants being on a periodic lease or a fantastic investment being partly furnished with the tenants happy to stay on.

Contact Grant to book your inspection soon as this unit wont last long!

Property History for 3/5-7 Nelson St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$105,000
02 Oct 2020
Listed for Rent
$240/w
10 Sep 2021
  • 10 Sep 2021
    Listed for Rent - Price not available
  • 02 Oct 2020
    Sold for $105,000
  • 23 Sep 2020
    Listed for Sale OFFERS OVER $115,000
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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 1,949 properties. Over the last 5 years, Houses in Bungalow have seen a 55.86% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

  • The median value for Houses in Bungalow is $517,489 while the median value for Units is $307,199.
  • Houses have a median rent of $463 while Units have a median rent of $390.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 86 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.