SOLD
Sold on 24 Sep 2024 for $815,000

53 Nelson Street
Bungalow QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 495m2
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Property Details for 53 Nelson St, Bungalow

Building Type
Commercial
Land Size
495m2
Local Government
Cairns Regional
Lot/Plan
71/RP714522

Last Listing description (August 2023)

53 Nelson Street, Bungalow, Cairns

RPD- Lot 71 on RP714327


Land Area 495m

Building Area 257m

Features:
- Immaculate warehouse
- 40m of Air conditioned open plan office/ showroom with
polished concrete floors
- Large kitchen area + laundry sink
- Toilet & shower
- Rear undercover area
- 3.6 metre powered roller door
- Concrete driveway & car parking
- Security fenced

Property History for 53 Nelson St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$815,000
24 Sep 2024
Listed for Rent
03 Dec 2019
  • 24 Sep 2024
    Sold for $815,000
  • 28 Aug 2019
    Listed for Rent - Price not available
  • 29 Jun 2005
    Sold for $260,000
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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.

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.