SOLD
Sold on 20 Jun 2024 for $399,000

111/166-168 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 98m2
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Property Details for 111/166-168 Lake St, Cairns North

111/166-168 Lake St, Cairns North is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 98m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
89m2
Land Size
98m2
Local Government
Cairns Regional
Lot/Plan
111/SP165247

Last Listing description (February 2017)

Although being on one lot this property is currently being rented as two separate premises. One being a totally self contained studio apartment achieving $240.00 per week. The photo of the Studio still shows the previous decor color but has been painted since. The other is a totally self contained one bedroom apartment achieving $280.00 per week. A combined Income of $520.00. Great Tenants in place.
Investors take note great returns!
All located within the Rydges Hotel on the Esplanade.

Call to view.

Property History for 111/166-168 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$399,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $399,000
  • 13 Sep 2016
    Listed for Sale Not Disclosed
  • 19 May 2007
    Listed for Sale 649000
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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,944 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 40 properties listed for sale, and 35 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 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.