OFF MARKET

7/77 Spence Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 125m2
Land area: 143m2
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Last updated 11 Nov 2024
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Property Details for 7/77 Spence St, Cairns City

7/77 Spence St, Cairns City is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 143m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2003
Floor Size
125m2
Land Size
143m2
Local Government
Cairns Regional
Lot/Plan
7/SP158030

Last Listing description (July 2023)

Offering a unique city living experience, this split-level townhouse style apartment is a rare find. Commanding a premium position in Cairns CBD, locations like this dont get much better. The apartment is situated in a small boutique complex of 18. With its classical lines, the building is strikingly elegant. The complex has a well maintained in-ground pool with adjoining entertaining area for residents and their guests. The apartment is light and spacious, giving you the opportunity to enjoy open plan living at its best. The ground floor living area offers a light and functional space, whilst allowing you to retreat to the luxury and privacy of the upper level. Currently tenanted until 12th January 2024 @ $520 per week INSPECTIONS BY APPOINTMENT
FAST FACTS
- End unit, no upstairs neighbours

- Stunning timber staircase to upper level
- Stone benchtops to kitchen and vanities
- Downstairs Powder room
- European Laundry with dryer
- Walk-in robe to master bedroom
- Double vanities to Ensuite
- Juliet balcony to master suit
- Plenty of storage
- Functional kitchen with breakfast bar
- Security gated
- Single car park with adjoining store
- large liveable main balcony
THE NUMBERS CRUNCH
- Rental appraisal $660 - $700 per week
- Rates approx. $2,800 per annum
- Body Corporate Levies approx. $7,544.04 per annum

Property History for 7/77 Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$565,000
01 Jun 2023
Listed for Rent
$520/w
15 Dec 2022
  • 01 Jun 2023
    Sold for $565,000
  • 10 May 2023
    Listed for Sale $585,000
  • 05 Dec 2022
    Listed for Rent $520 / 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 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.