OFF MARKET

24/40-42 Old Smithfield Road
Freshwater QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 100m2
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Property Details for 24/40-42 Old Smithfield Rd, Freshwater

24/40-42 Old Smithfield Rd, Freshwater is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 100m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1989
Floor Size
87m2
Land Size
100m2
Local Government
Cairns Regional
Lot/Plan
24/BUP70988

Last Listing description (September 2022)

Entry Level to the most "Sought After Suburb in Cairns", this Top Floor Unit with a large Kitchen is a must see.

Features include:

Mountain Views from the Spacious tiled entertaining area/balcony

Large Carpeted Living Area with Split System Air Conditioning (New Carpet has been installed
recently)
Modern Kitchen with extensive Bench Space, ample cupboards and storage with Dishwasher
Carpeted bedrooms, all air conditioned, built in robes
Bathroom with hidden internal laundry with dryer
Private storeroom adjacent to balcony
Security screens throughout
Undercover single car park
Pool in complex
Bus Stop outside complex door
In close proximity to shops and schools
10 mins to airport

Currently tenanted with the lease set to expire on the 13th July, 2022.
For the Investor - Rental Appraisal is $350 per week or Move In Mid July, 2022.

Last 6 monthly Council Rates - $1338.93
Body Corporate Fees approximately $4900 Annually

Please note: Unit 13 in the same complex is also For Sale. 2 Bedroom, 1 Bathroom, Single Carport.

Property History for 24/40-42 Old Smithfield Rd, Freshwater, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$247,500
05 Jul 2022
Listed for Rent
$340/w
04 Jun 2021
  • 05 Jul 2022
    Sold for $247,500
  • 19 May 2022
    Listed for Sale Offers in the mid $200,000's
  • 24 May 2021
    Listed for Rent $340 / week
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About Freshwater 4870

The size of Freshwater is approximately 1.7 square kilometres. It has 10 parks covering nearly 7.1% of total area. The population of Freshwater in 2011 was 2,103 people. By 2016 the population was 2,018 showing a population decline of 4.0% in the area during that time. The predominant age group in Freshwater is 40-49 years. Households in Freshwater are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Freshwater work in a professional occupation. In 2011, 65.9% of the homes in Freshwater were owner-occupied compared with 65.1% in 2016.

Freshwater has 1,154 properties. Over the last 5 years, Houses in Freshwater have seen a 43.52% increase in median value, while Units have seen a 67.25% increase. As at 31 October 2024:

  • The median value for Houses in Freshwater is $757,301 while the median value for Units is $433,933.
  • Houses have a median rent of $690 while Units have a median rent of $490.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Freshwater on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Freshwater.

Suburb Insights for Freshwater 4870

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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.