OFF MARKET

4/73 Spence Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
Land area: 228m2
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Last updated 11 Nov 2024
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Property Details for 4/73 Spence St, Cairns City

4/73 Spence St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 228m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1996
Floor Size
111m2
Land Size
228m2
Local Government
Cairns Regional
Lot/Plan
4/BUP104001

Last Listing description (December 2020)

Renovated from top to bottom, this secure ground floor apartment is situated in one of Cairns most sought after complexes 'Panama on Spence', located within walking distance of Cairns' best cafes, restaurants, fashion boutiques and night life.

Features include;
- 2 bedrooms, main with en-suite

- Tiled throughout
- Fully furnished
- Ducted air conditioning
- Huge private courtyard with direct access to the resort style pool
- BBQ facilities and entertainment area
- Single carpark and storage

**In the interest of safety for our clients, staff and the general public Belle Property Cairns are exercising a high level of caution with regards to property inspections. Prospective applicants are encouraged to submit an online application for processing. Should your application be approved you will be contacted and a private inspection arranged whereby you will have first right of refusal. We thank you for your understanding and cooperation in these challenging times **

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Property History for 4/73 Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$450,000
28 Jun 2023
Listed for Rent
17 Dec 2020
  • 28 Jun 2023
    Sold for $450,000
  • 02 Nov 2020
    Listed for Rent $575 / week
  • 17 Nov 2016
    Listed for Rent $590 / 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 48 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.

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