OFF MARKET

75 Wilks Street
Bungalow QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 625m2
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Property Details for 75 Wilks St, Bungalow

75 Wilks St, Bungalow is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 625m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Land Size
625m2
Local Government
Cairns Regional
Lot/Plan
26/RP723551

Last Listing description (January 2019)

Renovator required! Elderly owners have enjoyed the great rental returns of this full duplex for over 35 years and now it's time to free up the equity and let it go. Timing is priority and a quick sale is crucial therefore the property will be sold on or before auction day, as is where is.
Both sides are generally in pretty good condition and with a little work and a touch of TLC you could generate some excellent returns and add this one to your investment portfolio. Rental figures of similar duplex in the area are renting between $250/wk - $280/wk each side. You do the sums
For full disclosure there is a settlement crack in the external wall of duplex 1 which has been there for years, however for peace of mind we advise you investigate further. Come and see for yourself.

Located in a quiet side street close to schools, shopping and transport this property has always been popular with tenants. Make your move today as the owners are extremely motivated, this could be the best deal of the year!

Property History for 75 Wilks St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$230,000
12 Nov 2018
  • 12 Nov 2018
    Sold for $230,000
  • 17 Oct 2018
    Listed for Sale SOLD at Auction

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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 5 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.