SOLD
Sold on 29 May 2024 for $1,500,000

1 Scott Street
Cardwell QLD 4849

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1702m2
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Property Details for 1 Scott St, Cardwell

Building Type
Commercial
Land Size
1702m2
Local Government
Cassowary Coast Regional
Lot/Plan
2/SP201782

Last Listing description (April 2022)

This well-established and fully refurbished freehold motel is located on the main thoroughfare through the township of Cardwell, a coastal town in the Cassowary Coast Region, North Queensland. It's an easily managed 12 room property perfect for beginners and easily operated by a couple.

- Consistent performer showing growth over the last few years
- Prominent, highly visible main road location with easy direct access
- 1,702sqm land area
- Refurbished with no money to spend
- Enjoy the climate and relaxed beach lifestyle of Cardwell
- Easily operated by a couple

Property History for 1 Scott St, Cardwell, QLD 4849

A timeline of how this property has performed in the market
Last Sold
$1,500,000
29 May 2024
  • 29 May 2024
    Sold for $1,500,000
  • 01 Dec 2022
    Listed for Sale $450,000
  • 12 Apr 2022
    Sold for $1,350,000
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About Cardwell 4849

The size of Cardwell is approximately 32.9 square kilometres. It has 3 parks covering nearly 81.9% of total area. The population of Cardwell in 2011 was 1,176 people. By 2016 the population was 1,315 showing a population growth of 11.8% in the area during that time. The predominant age group in Cardwell is 60-69 years. Households in Cardwell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cardwell work in a labourer occupation. In 2011, 52.8% of the homes in Cardwell were owner-occupied compared with 56.6% in 2016.

Cardwell has 1,258 properties. Over the last 5 years, Houses in Cardwell have seen a 60.77% increase in median value, while Units have seen a 134.80% increase. As at 31 October 2024:

  • The median value for Houses in Cardwell is $371,265 while the median value for Units is $280,042.
  • Houses have a median rent of $530 while Units have a median rent of $360.
There are currently 85 properties listed for sale, and 10 properties listed for rent in Cardwell on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Cardwell.

Suburb Insights for Cardwell 4849

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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.