OFF MARKET

38/164-172 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 108m2
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Property Details for 38/164-172 Spence St, Bungalow

38/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 108m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2006
Floor Size
81m2
Land Size
108m2
Local Government
Cairns Regional
Lot/Plan
38/SP188128

Last Listing description (March 2017)

For the owner occupier or for the investor, this modern ground floor apartment forms part of the contemporary Focus On Spence complex. With direct access to the Cairns CBD and Esplanade you can choose between a comfortable CBD resort lifestyle or a secure managed investment.
- Two generous sized bedrooms
- Private grassed courtyard included

- Generous sized living and dining area
- New carpets and air-conditioners plus freshly painted throughout
- Enclosable balcony perfect for alfresco dining
- Walking distance to the Cairns CBD and Esplanade
- Modern kitchen with stainless steel appliances
- Master bedroom with contemporary ensuite
- Designated undercover parking behind security gates
- Sparkling resort style swimming pool
- Owner occupied (Rental appraisal $340 per week)
Strata levies $951pq

Property History for 38/164-172 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$262,000
11 May 2021
Listed for Rent
$300/w
21 Oct 2010
  • 11 May 2021
    Sold for $262,000
  • 18 Dec 2015
    Sold for $253,000
  • 24 Sep 2015
    Listed for Sale Price guide over $255,000
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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.