OFF MARKET

33/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 117m2
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Property Details for 33/164-172 Spence St, Bungalow

33/164-172 Spence St, Bungalow is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 117m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
2006
Floor Size
94m2
Land Size
117m2
Local Government
Cairns Regional
Lot/Plan
33/SP188128

Last Listing description (November 2016)

Apartment leased at $400 per week. No problems with leasing at Focus on Spence, we have a waiting list of prospective tenants.
Investment showing a net 4.5% return after Body Corp Fees and rates.

Fantastic 3 Bedroom apartment on the top floor of complex overlooking the Barlow park football field.

New carpets in each of the bedrooms as well as new Daikin Air-conditioning in the living area

Complex is under new management
Set and forget Secure investment opportunity

Call to discuss the opportunities available to you and we can organise an inspection at anytime as we are on-site.

Property History for 33/164-172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$307,500
09 Sep 2016
  • 09 Sep 2016
    Sold for $307,500
  • 15 Jul 2016
    Listed for Sale Not Disclosed
  • 06 May 2005
    Sold for $280,000

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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 1,961 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.