OFF MARKET

304/175 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 43m2
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Last updated 11 Nov 2024
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Property Details for 304/175 Lake St, Cairns City

304/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 43m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1980
Floor Size
39m2
Land Size
43m2
Local Government
Cairns Regional
Lot/Plan
304/SP178241

Last Listing description (March 2020)

Phone enquiry code for this property : 4559Ideally located, fully furnished spacious studio in Cascade Gardens Holiday Apartments. One block back from the beautiful Cairns Esplanade and a 2 minute walk into the centre of Cairns has this complex very busy with bookings. The ground floor accessibility and the large private courtyard ensures this studio is highly requested. Visitors love that they can walk to the Lagoon, the night markets, Rustys markets and everything else on offer in the Cairns City Centre.There is also secure onsite parking for those that have driven into Cairns.The proactive on site management guarantees the optimum returns are achieved and your investment is well looked after. Close proximity to the city centre, hospitals and government buildings (all under a 5 minute walk) also ensures a variety of bookings to the complex, either directly, through hotel accommodation websites or the ever popular airbnb guests. Alternatively, you can manage it yourself!The owner is realistic and wanting to sell as soon as possiblePhone enquiry code for this property : 4559

Property History for 304/175 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$129,000
22 Nov 2021
  • 22 Nov 2021
    Sold for $129,000
  • 31 Oct 2019
    Sold for $115,000
  • 03 Oct 2019
    Listed for Sale Offers over $120,000
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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 3,345 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 47 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 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.