OFF MARKET

75 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 75 Lake St, Cairns City

75 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (March 2022)

This fantastic fully furnished one-bedroom apartment represents an affordable opportunity for a sound investment in the heart of Cairns city. This unit is currently under very successful Airbnb or there is onsite manager of the building to take care of it for you. Close to all locations, and over viewing pool area, this unit features:

- Brand new air-con
- Spacious, light filled open plan living/dining area

- Good sized bedroom with built-in wardrobe
- Fully furnished
- Secure gated complex in CBD
- Secured underground parking
- Professional management on-site and LIFT access
- Fully accredited tour desk
- Shopping, restaurants and transport at doorstep

Contact us today to make your private inspection!

Property History for 75 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
  • 29 Jun 2020
    Listed for Sale UNDER CONTRACT

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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 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 30.97% increase in median value, while Units have seen a 47.41% increase. As at 31 July 2024:

  • The median value for Houses in Cairns City is $528,735 while the median value for Units is $484,978.
  • Houses have a median rent of $550 while Units have a median rent of $600.
There are currently 45 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 142 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.