OFF MARKET

5/22 Barrett Street
Bungalow QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 55m2
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Property Details for 5/22 Barrett St, Bungalow

5/22 Barrett St, Bungalow is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 55m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1994
Floor Size
55m2
Land Size
55m2
Local Government
Cairns Regional
Lot/Plan
5/BUP71589

Last Listing description (April 2022)

Regal Court, located in the heart of Bungalow is a well kept complex of 8 units within walking distance to Cairns Central Shopping Centre, restaurants, cafes, and shops. On the top floor of this complex, you will find this beautifully renovated 1 Bedroom unit featuring a two way bathroom with internal laundry. Everything has been done for you in this renovation from new flooring and fresh paint to new air conditioners and cabinetry, perfect for an investor or an owner occupier looking for an affordable entry into the market with nothing needing to be done. With low body corporate fees and the ease of access to the CBD and all that Cairns has to offer, this unit will not last long.

Features:
- Top floor with balcony

- View of mountains
- Fully air-conditioned
- Internal laundry
- Undercover parking
-2 way bathroom
- 55m2 on title

Body Corporate fees - $1,615 per year!
Rates - approx. $2,500 per year
Potential rental - $280-290 p/w

Contact the agent for a viewing before this one is gone. Disclosure statement also available on request.

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Property History for 5/22 Barrett St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$185,000
31 Mar 2022
Listed for Rent
$160/w
06 Mar 2008
  • 31 Mar 2022
    Sold for $185,000
  • 03 Mar 2022
    Listed for Sale High $100,000's
  • 09 Aug 2021
    Sold for $125,000
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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 1,947 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 18 properties listed for sale, and 6 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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