OFF MARKET

31/172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 30 Sep 2024
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Property Details for 31/172 Spence St, Bungalow

31/172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (January 2024)

Cleverly designed to maximise living spaces, this unit presents the ideal opportunity for anyone looking for an extremely well-located city apartment.

This spacious, sun-lit apartment has been meticulously maintained leaving nothing to do but move in and enjoy.

Open plan kitchen complete with plenty of cupboard space

Light filled living area opening to balcony
Two generous sized bedrooms with built in robes
Two bathroom
Single car accommodation
Secure complex
Sparkling in-ground complex pool
Walking distance to Cairns CBD, Cairns Central Shopping Centre and public transport

*APPLICATIONS THROUGH 2APPLY*

Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions, (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 31/172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Listed for Rent
$525/w
15 Jan 2024
  • 21 Dec 2023
    Listed for Rent $525 / week
  • 18 Apr 2023
    Listed for Rent $500 / week
  • 12 Apr 2022
    Listed for Rent $430 / week
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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 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.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 84 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.