OFF MARKET

38 Red Peak Boulevard
Caravonica QLD 4878

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1023m2
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Property Details for 38 Red Peak Bvd, Caravonica

Building Type
Commercial
Land Size
1023m2
Local Government
Cairns Regional
Lot/Plan
803/SP280060

Last Listing description (August 2024)

Welcome to Red Peak Forest Estate and your next address, at 38 Red Peak Boulevard, Caravonica.

Set among million-dollar (plus) homes, this 1,030m2* allotment represents one of just 3 vacant home-sites in Stage 8 of Red Peak Forest Estate.

In a market where 600m2 is a large lot, quarter acre blocks like this rarely become available, but offer so much more to those looking to build. Whether seeking side access for additional garaging, room for the pool or just space for kids to run around, this generous allotment gives you more for your money.

In a leafy setting against a mountain backdrop, there is also potential for gorgeous valley views depending on your home design, with the block ideal for split or dual level homes.

Offering further value, this lot is titled and ready to build NOW.

Positioned opposite a reserve and set amongst high quality established homes, this lot provides all the benefits that Red Peak Forest Estate is known for, just 20 minutes from Cairns Airport and City, and in close proximity to schools, shopping and entertainment, situated at the gateway to the Northern Beaches and Redlynch and Cairns' western suburbs.

For more information or to arrange your private site inspection, contact Tom Quaid at Colliers Cairns.

*approximately

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Property History for 38 Red Peak Bvd, Caravonica, QLD 4878

A timeline of how this property has performed in the market
  • 01 Sep 2022
    Listed for Sale $335,000
  • 05 Oct 2018
    Listed for Sale $299,000

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About Caravonica 4878

The size of Caravonica is approximately 4.6 square kilometres. It has 11 parks covering nearly 4.6% of total area. The population of Caravonica in 2011 was 1,933 people. By 2016 the population was 1,990 showing a population growth of 2.9% in the area during that time. The predominant age group in Caravonica is 50-59 years. Households in Caravonica are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caravonica work in a professional occupation. In 2011, 74.8% of the homes in Caravonica were owner-occupied compared with 77.3% in 2016.

Caravonica has 938 properties. Over the last 5 years, Houses in Caravonica have seen a 62.87% increase in median value, while Units have seen a 67.11% increase. As at 31 October 2024:

  • The median value for Houses in Caravonica is $664,049 while the median value for Units is $462,879.
  • Houses have a median rent of $650.
There are currently 25 properties listed for sale, and 1 property listed for rent in Caravonica on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Caravonica.

Suburb Insights for Caravonica 4878

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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.