SOLD
RECENT ADVICE
Sold on 08 Oct 2024 for $435,000

9/50 Cairns Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Property Details for 9/50 Cairns St, Cairns North

9/50 Cairns St, Cairns North is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Floor Size
80m2
Local Government
Cairns Regional
Lot/Plan
9/SP106074

Last Listing description (October 2024)

In a complex of just 10 units in total, seize this opportunity to own a stunning, top-floor 2-bedroom, 2-bathroom apartment in an unbeatable inner-city location. Whether you're an investor looking for strong rental returns or a homeowner seeking convenience and modern living, this property delivers on all fronts.

Key Features:
Top-Floor Privacy: Enjoy peaceful living with no neighbors above you and a quiet position at the rear of the complex.

Modern Comforts: Stylish contemporary kitchen with timber-look flooring offering a modern lifestyle.
Resort-Style Amenities: Relax on your private balcony or take advantage of the complex’s beautiful swimming pool, perfect for unwinding or entertaining.
Prime Location: Only minutes from the CBD, hospital, and esplanade, and close to schools, shops, and public transport, making this apartment highly desirable for both owners and tenants.

Investment & Lifestyle Benefits:
Investors can expect a steady rental income of $530 per week, supported by the high demand for inner-city rentals.
Low Maintenance Living: Ideal for owner-occupiers seeking a low-maintenance lifestyle with modern conveniences.
Affordable Ongoing Costs:
Body corporate fees: $4,620.80 per annum.
Rates: approx $2,900 per annum.

Please note that this property is currently tenanted until June 2025 which falls in line with the rental increase date.

Whether you’re looking to grow your investment portfolio or secure your own slice of inner-city living, this property offers versatility, location, and lifestyle.

Don’t miss out on this prime opportunity—contact Alesha today to arrange a viewing on 0409 055 236

Property History for 9/50 Cairns St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$435,000
08 Oct 2024
Listed for Rent
$360/w
20 Apr 2019
  • 08 Oct 2024
    Sold for $435,000
  • 04 Oct 2024
    Listed for Sale Offers over $429,000
  • 24 Jan 2022
    Sold for $277,500
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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 3,946 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 37 properties listed for sale, and 44 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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Contact agent
Alesha Wilson
Show contact details
DJ Smith Property
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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.