SOLD
Sold on 26 Mar 2024 for $720,000

702/5-7 Abbott Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 134m2
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Property Details for 702/5-7 Abbott St, Cairns City

702/5-7 Abbott St, Cairns City is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 134m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
132m2
Land Size
134m2
Local Government
Cairns Regional
Lot/Plan
702/SP145477

Last Listing description (September 2015)

3 bedroom fully tiled and air-conditioned 7th floor inner city apartment, in a small boutique style complex, conveniently located to all amenities. Master bedroom has walk in robe and ensuite with private spa, other 2 bedrooms have built in wardrobes. Granite kitchen with stainless steel appliances and large outdoor patio with city and sea views ideal for entertaining. Security entrance, intercom and remote garage. Beautiful private pool. And all this a stones throw from the esplanade, restaurants, cafes, cinema and shops.
This unit comes Unfurnished.

Property History for 702/5-7 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$720,000
26 Mar 2024
Listed for Rent
$540/w
21 Sep 2015
  • 26 Mar 2024
    Sold for $720,000
  • 02 Sep 2015
    Listed for Rent - Price not available
  • 13 Nov 2011
    Sold for $475,000
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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.