OFF MARKET

37 Morehead Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 506m2
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Property Details for 37 Morehead St, Bungalow

37 Morehead St, Bungalow is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 506m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1950
Floor Size
93m2
Land Size
506m2
Local Government
Cairns Regional
Lot/Plan
2/RP714940

Last Listing description (July 2021)

Lisa Hunt welcomes you to 37 Morehead Street, Bungalow.

Positioned close to all amenities and on the fringe of Cairns CBD is this tidy two-bedroom home which has just been refreshed with a full repaint. This home is situated on a 506m2 block and would make a great addition to your investment portfolio, suit a first home buyer or project to add your own touches and updates.

Features include:

Two spacious bedrooms with split system air-conditioning and built-in robes
Separate air-conditioned study with plenty of cupboard storage space.
Sizeable open plan lounge and dining space with split system air-conditioning and filled with light from the statement casement windows.
Practical kitchen with plenty of cupboard space, and electric appliances including dishwasher.
Separate bathroom and toilet, plus separate internal laundry.
Lovely private front patio which captures excellent breezes.
Spacious yard with side access and a variety of fruit trees and two greenhouses.
Large powered shed/workshop with space for a vehicle, plus separate garden shed.

There are now Tenants in place paying a weekly rent of $350.00 and are in a lease agreement until 18/04/2022.

Located only 3km from Cairns City, and within close proximity to public transport, shopping facilities, Cairns Hospitals and the airports.

License 3304014

Property History for 37 Morehead St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$288,000
14 May 2021
Listed for Rent
$3.22k/w
14 Apr 2021
  • 14 May 2021
    Sold for $288,000
  • 30 Mar 2021
    Listed for Rent $350 / week
  • 07 Dec 2020
    Listed for Sale Offers above $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.

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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.