OFF MARKET

315 Lake Street
Cairns North QLD 4870

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 475m2
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Last updated 30 Sep 2024
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Property Details for 315 Lake St, Cairns North

315 Lake St, Cairns North is a bedroom, 1 bathroom House. The property has a land size of 475m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Floor Size
110m2
Land Size
475m2
Local Government
Cairns Regional
Lot/Plan
5/RP701268

Last Listing description (January 2015)

YOU MIGHT NOT SEE THE WATER - BUT YOU CAN SMELL THE SALT!!!!!!
Located just North of the Cairns Base Hospital the opportunity exists for one very astute buyer to purchase this property at land value only. Literally, less than a 1 minute walk to the Esplanade this is an opportunity for those seeking a classic Queenslander to renovate or a vacant block to redevelop with a modern home. Zoned residential 3 the possibilities are endless - with council approval - and with a market that is turning an opportunity like this is one not to be missed.
The home itself is in need of extensive renovation but never the less presents itself as a blank Canvas for those with flair and vision.

Original in its structure the home offers, tongue and groove walls through most rooms, a very spacious lounge, two very large bedrooms, dine in kitchen and a very generous sleep out, ideal as a third bedroom or office area.
This could well be the Christmas Present you've been hoping for!!
Call Rick today to organise your private inspection.
At this price the first to see will buy so be quick

Property History for 315 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$595,000
25 May 2015
  • 25 May 2015
    Sold for $595,000
  • 12 Jan 2015
    Sold for $345,000
  • 29 Dec 2014
    Listed for Sale HIGH $300'S

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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 3,972 properties. Over the last 5 years, Houses in Cairns North have seen a 33.04% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:

  • The median value for Houses in Cairns North is $635,500 while the median value for Units is $372,537.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 41 properties listed for sale, and 26 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 238 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.