OFF MARKET

310/53-57 Esplanade
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 4 Nov 2024
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Property Details for 310/53-57 Esplanade, Cairns City

310/53-57 Esplanade, Cairns City is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (September 2023)

Perfectly positioned within Mantra Esplanade this apartment is located on the Cairns Esplanade. With its constant occupancy rates and combination of excellent on site management equates to high returns.

*Currently in the holiday let

*Fully furnished and self-contained
*Open plan living with separate bedroom and lounge both extending onto the patio
*Located on the 3rd and pool facing with views overlooking the city
*Secure lock up parking for guests
* The complex provides on site gym, restaurant, meeting room, coffee shop, pool and direct access to the iconic Court House Pub next door.
* Income figures for this unit are available upon request and inspection is by appointment only

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Property History for 310/53-57 Esplanade, Cairns City, QLD 4870

A timeline of how this property has performed in the market
  • 07 Jul 2023
    Listed for Sale Sold
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 23 May 2023
    Listed for Sale Sold

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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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