OFF MARKET

7 Dillon Street
Bungalow QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 605m2
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Property Details for 7 Dillon St, Bungalow

7 Dillon St, Bungalow is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 605m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1970
Floor Size
142m2
Land Size
605m2
Local Government
Cairns Regional
Lot/Plan
6/RP729621

Last Listing description (October 2019)

Found on a quiet Street of Bungalow in a high growth area is this perfect investment opportunity.

Duel income with a return of approx "6%net" $545pw return and stable long term tenants what more could you ask for.


A Duplex is considered the crown jewel of the property investment portfolio as they are rarely fully vacant and popular with budget and long term tenants not needing large house sites.

Features:
- Stable long term tenants
- Great approx "6%net" $545pw return
- Brand new roof
- Block construction
- 7a bathroom and kitchen updated recently
- Separate rear yards
- Quiet location

I truly love what I do and am here to help, call me today on 0415 807 546 for a private inspection.

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Property History for 7 Dillon St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$320,000
27 Sep 2019
  • 27 Sep 2019
    Sold for $320,000
  • 29 Aug 2019
    Listed for Sale Under Offer by Ben August
  • 12 Jul 2010
    Sold for $265,000
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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 1,964 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.

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