3/8-10 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. 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 December 2021.
This very affordable ground floor unit offers a great opportunity to enter the property market for the first time or capitalise on as an investment. With a potential rental return of $260 per week, this well positioned property is only minutes to Cairns CBD.
- Open plan dining & lounge room
- Functional kitchen with ample cupboard
BODY CORPORATE
- Approximately $600 per quarter
RATES
- Approximately $1,250.00 half year
features
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:
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