SOLD
Sold on 05 Feb 2024 for $390,000

59 Morehead Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 134m2
Land area: 495m2
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Property Details for 59 Morehead St, Bungalow

59 Morehead St, Bungalow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 495m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Bungalow in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
134m2
Land Size
495m2
Local Government
Cairns Regional
Lot/Plan
42/RP714522

Last Listing description (December 2023)

Welcome to 59 Morehead Street, a solid brick sanctuary that effortlessly combines classic charm with modern convenience. Situated just a 5-minute drive from the heart of the city, this home offers an ideal blend of urban accessibility and private tranquility.

Step inside to discover beautiful timber floors that flow seamlessly throughout the home, complemented by high ceilings that add an air of spaciousness. The open living areas are accentuated by elegant French doors, allowing for a harmonious indoor-outdoor living experience.

The property boasts three generously-sized bedrooms, equipped with air conditioning in two rooms for year-round comfort. A full bathroom and two separate toilets ensure that morning routines are a breeze for the whole family.

The very private backyard is a blank canvas waiting for your personal touch. For the tradesman, the property offers a 3-bay tandem garage, perfect for working on various projects. Additionally, a container in the backyard provides ample storage for materials.

While the home is move-in ready, it provides limitless possibilities for you to infuse your own artistic touch, turning it into either your ideal family residence or a profitable investment venture.

Zoned for medium-impact industry, this property is not just a home but also a potential business hub. With 5 total car spaces and approximately 220 sqm under roof, the possibilities are limitless.

Key Features:

- 3 Spacious Bedrooms
- 1 Full Bathroom
- 2 Separate Toilets
- 3 Air Conditioners
- 5 Total Car Spaces
- 495 sqm Block
- Zoned Medium Impact Industry
- Approx. 220 sqm Under Roof
- 5 Minutes to the City

Property History for 59 Morehead St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$390,000
05 Feb 2024
  • 05 Feb 2024
    Sold for $390,000
  • 30 Oct 2023
    Listed for Sale Not Disclosed
  • 06 Jul 2022
    Sold for $397,500
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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 1,964 properties. Over the last 5 years, Houses in Bungalow have seen a 58.49% increase in median value, while Units have seen a 53.45% increase. As at 30 November 2024:

  • The median value for Houses in Bungalow is $513,898 while the median value for Units is $316,963.
  • Houses have a median rent of $450 while Units have a median rent of $385.
There are currently 15 properties listed for sale, and 6 properties listed for rent in Bungalow on OnTheHouse. According to CoreLogic's data, 92 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.