OFF MARKET

25/5-7 Herries Street
Earlville QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 25/5-7 Herries St, Earlville

25/5-7 Herries St, Earlville is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (January 2022)

One of 26 units, this two-bedroom, two-bathroom unit is situated on the second floor of Silver Palms. A well maintained and secure complex in a convenient location, and just a short walk to Earlville Shopping Centre, Balaclava Hotel, Dan Murphys, Cazalys with the Cairns CBD just minutes away. Access to the north and south is easy and public transport is close by if required.

Key Features:
. 2 large bedrooms, both with built-in robes

. Carpets in both bedrooms
. Master bedroom has en-suite
. Main bathroom has two-way access to living area and second bedroom
. Kitchen with ample storage
. Open plan living / dining /kitchen area flows to enclosed patio (sunroom)
. Tiled living / kitchen / dining areas
. High percentage of owner occupiers
. Silver Palms has remote controlled electric gate entry and unit 25 has remote control electric roller door garage.
. Body Corporate Levies approx $3,600 per annum
. The pool, B.B.Q facility and gardens at Silver Palms are maintained to an exceptionally high standard, reflective of the well run body corporate.
. Tenant in place till 19 May 2022 paying $290 per week

This a great opportunity for the investor to purchase a unit in a well maintained complex only minutes to most of what Cairns has to offer.

Property History for 25/5-7 Herries St, Earlville, QLD 4870

A timeline of how this property has performed in the market
Listed for Rent
$280/w
09 Nov 2020
  • 22 Oct 2021
    Listed for Sale Offers Over $229,000
  • 19 Oct 2020
    Listed for Rent $280 / week
  • 24 Mar 2020
    Listed for Rent $280 / week
Sign in to see more transactions

Commute Calculator

About Earlville 4870

The size of Earlville is approximately 3.5 square kilometres. It has 13 parks covering nearly 4.3% of total area. The population of Earlville in 2011 was 3,853 people. By 2016 the population was 4,026 showing a population growth of 4.5% in the area during that time. The predominant age group in Earlville is 40-49 years. Households in Earlville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Earlville work in a professional occupation. In 2011, 58% of the homes in Earlville were owner-occupied compared with 52.3% in 2016.

Earlville has 2,174 properties. Over the last 5 years, Houses in Earlville have seen a 56.15% increase in median value, while Units have seen a 75.86% increase. As at 31 July 2024:

  • The median value for Houses in Earlville is $560,960 while the median value for Units is $325,802.
  • Houses have a median rent of $600 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 1 property listed for rent in Earlville on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Earlville.

Suburb Insights for Earlville 4870

Market Insights
Earlville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Earlville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.