SOLD
Sold on 12 Jul 2024 for $482,000

8/50-52 Water Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 118m2
Land area: 168m2
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Property Details for 8/50-52 Water St, Cairns City

8/50-52 Water St, Cairns City is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 168m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
118m2
Land Size
168m2
Local Government
Cairns Regional
Lot/Plan
8/SP212592

Last Listing description (October 2022)

3 bedroom unit (1 king bed, 1 queen bed & 2 king singles) in this fully furnished apartment located inner city. 2 bathrooms, tiled living, carpet in bedrooms, screened, modern kitchen, extra large covered balcony. Pool & 2 car spaces in undercover garage in a secure complex. Close to Hospital, Restaurants, Cairns Central Shopping Centre, Lagoon & the Esplanade. We accept "sight unseen" applications if you are relocating to Cairns email us directly today; jennifer@godwinwitten.com.au this property is always popular when available and will not last long in this tight market APPLY TODAY!!..

APPLICATIONS TAKEN THANKS

Property History for 8/50-52 Water St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$482,000
12 Jul 2024
Listed for Rent
$650/w
13 Oct 2022
  • 12 Jul 2024
    Sold for $482,000
  • 20 Sep 2022
    Listed for Rent $650 / week
  • 04 Jan 2021
    Listed for Rent $475 / 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 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 29.56% increase in median value, while Units have seen a 49.87% increase. As at 31 August 2024:

  • The median value for Houses in Cairns City is $521,898 while the median value for Units is $498,346.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 43 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 138 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.