OFF MARKET

11/211 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 56m2
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Last updated 4 Nov 2024
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Property Details for 11/211 Lake St, Cairns City

11/211 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 56m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1975
Floor Size
51m2
Land Size
56m2
Local Government
Cairns Regional
Lot/Plan
11/BUP70030

Last Listing description (June 2018)

Set within a small building with a pool, this renovated furnished apartment represents an affordable opportunity for the first homebuyer or a sound investment in a popular location. The highly convenient location is 1 block away from the Esplanade as well as a short stroll to the hospital and CBD.
- Fresh contemporary kitchen with tiled floors throughout
- Open plan with air conditioning in living area

- First floor location with internal laundry
- Short distance to CBD, Esplanade and hospital
- Low body corporate fees
- Currently tenanted at $295 p/w and returning 5.3% NET return

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Property History for 11/211 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$157,000
14 May 2018
Listed for Rent
$295/w
07 Mar 2018
  • 14 May 2018
    Sold for $157,000
  • 12 Apr 2018
    Listed for Sale $157,000
  • 21 Feb 2018
    Listed for Rent $250 / week
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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,346 properties. Over the last 5 years, Houses in Cairns City have seen a 27.27% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Cairns City is $509,824 while the median value for Units is $540,509.
  • Houses have a median rent of $630 while Units have a median rent of $560.
There are currently 34 properties listed for sale, and 46 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Cairns city.

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