SOLD
RECENT ADVICE
Sold on 08 May 2024 for $260,000

7/379-385 Mayers Street
Edge Hill QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
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Property Details for 7/379-385 Mayers St, Edge Hill

7/379-385 Mayers St, Edge Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Edge Hill in the last 12 months.

Building Type
Unit
Floor Size
61m2

Last Listing description (May 2024)

This ground floor, two bedroom air conditioned unit is just perfect for the astute investor. Superbly located within a short stroll of all Edge Hill's fabulous cafes, restaurants, Tanks Art Centre, Botanical Gardens and Red Arrow walking track.

Currently tenanted for $450.00 per week, the property offers a great opportunity to upgrade and add value in Cairns' most sought after suburb. This small development has just 10 lots with a residents pool and private covered carports.

- Perfect first home and great rental investment with rental properties in very high demand

- Huge opportunity to upgrade and add value
- Naturally light throughout
- Air conditioning to both bedrooms and the living and dining areas
- Tiled flooring to the living/dining and kitchen areas
- Bathroom with shower and vanity unit. Separate WC
- Original fitted kitchen with stove
- Security screens and ceiling fans
- Covered carport. Residents pool and gardens
- Currently tenanted until 27th August 2024 for $450.00 per week
- Annual Body Corp Levies approx. $5,595.00
- Annual Council rates approx. $2,700.00

*Please note: Photos are taken from previous advertisements to protect the privacy of the tenants.

All information contained herein is gathered from sources we believe to be reliable. This office and its Agents provide no guarantees or undertakings concerning the accuracy, completeness or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

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Property History for 7/379-385 Mayers St, Edge Hill, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$260,000
08 May 2024
Listed for Rent
$400/w
18 Jan 2023
  • 17 Apr 2024
    Sold for $260,000
  • 09 Apr 2024
    Listed for Sale SOLD BY TIM WINBORN-SHARP
  • 18 Jan 2023
    Listed for Rent $400 / week
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About Edge Hill 4870

The size of Edge Hill is approximately 2.6 square kilometres. It has 9 parks covering nearly 25.1% of total area. The population of Edge Hill in 2011 was 3,873 people. By 2016 the population was 3,924 showing a population growth of 1.3% in the area during that time. The predominant age group in Edge Hill is 40-49 years. Households in Edge Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edge Hill work in a professional occupation. In 2011, 58.8% of the homes in Edge Hill were owner-occupied compared with 57.6% in 2016.

Edge Hill has 2,114 properties. Over the last 5 years, Houses in Edge Hill have seen a 51.40% increase in median value, while Units have seen a 82.71% increase. As at 30 November 2024:

  • The median value for Houses in Edge Hill is $747,625 while the median value for Units is $406,325.
  • Houses have a median rent of $605 while Units have a median rent of $423.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Edge hill on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Edge hill.

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Tim Winborn-Sharp
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Twomey Schriber Property Group
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