OFF MARKET

81-83 Spence Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 123m2
Land area: 66540m2
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Property Details for 81-83 Spence St, Cairns City

81-83 Spence St, Cairns City is a 3 bedroom, 2 bathroom Unit. The property has a land size of 66540m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last transferred in March 2018.

Building Type
Unit
Floor Size
123m2
Land Size
66540m2
Local Government
Cairns Regional
Lot/Plan
10/SP298380

Last Listing description (April 2024)

Nova City is a visionary development of seven towers comprising of residences and a proposed commercial tower, as well as an expansive podium on level three with opulent resort style facilities. At ground level, the newly created Nova Boulevard will be lined with a vibrant array of dining, entertainment and retail spaces, winding through Nova City and introducing a new lifestyle destination for Cairns. This landmark development will feature the tallest residences in the heart of Cairns CBD. With its iconic facade, engaging public spaces and stunning residences, Nova City reimagines future living.

Selling off the Plan and due for completion in 2020.
For further information contact Kerry Ah Chin on 0412 438 446.

Property History for 81-83 Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Transferred
$55,000
12 Mar 2018
  • 23 Mar 2018
    Listed for Sale $635,000
  • 12 Mar 2018
    Transferred for $55,000

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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 3,353 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.