OFF MARKET

36 Balfe Street
Parramatta Park QLD 4870

Bedrooms: 7
Bathrooms: 4
Car spaces: 2
Floor area: 104m2
Land area: 415m2
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Last updated 11 Nov 2024
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Property Details for 36 Balfe St, Parramatta Park

36 Balfe St, Parramatta Park is a 7 bedroom, 4 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 415m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1960
Floor Size
104m2
Land Size
415m2
Local Government
Cairns Regional
Lot/Plan
21/RP711533

Last Listing description (December 2023)

Unique in the market, and on the city fringe; this exceptional property allows an exciting opportunity for those looking to procure a property purely as an investment or to live in + invest by renting out the other half. Providing a council-approved dual occupancy configuration, this seven-bedroom, two-storey residence rests on a 415sqm block. With two separate external staircases to access the top level, both upstairs & downstairs residences are private & secure.

On the Ground Level:
- Renovated in 2016

- 4 bedrooms with built-in robes & split system airconditioning
- Main bedroom with ensuite & study nook
- Contemporary U-shaped kitchen with plenty of storage & quality appliances
- Main bathroom with double-sized shower & separate toilet & vanity space
- Tiled throughout
- Split air conditioner to the living area
- Private, fully fenced courtyard with undercover patio and tropical landscaped gardens
- Rental potential $600 per week

On the First Level:
- Beautiful polished timber floors, high ceilings & front sunroom or separate dining area
- 3 generously-sized bedrooms with built-in robes & airconditioning
- Two stylish bathrooms (main bedroom with ensuite bathroom)
- Open-plan living space with a central, modern kitchen
- Cool & breezy living area with split-system airconditioning
- Private deck, perfect for entertaining & summer BBQs
- Easy-care, fully-fenced yard
- Rental potential $650 per week

Wonderful features:
- Solar hot water
- Brand new roof in 2017 (receipts available)

Total council rates (including water): Approx $3,900 per year
Total rental potential: Approx $1,250 per week

A fully fenced block, with secure undercover parking for 2 vehicles and further parking for another 2. Only 4 minutes to Cairns Central Shopping Centre, and within Cairns State High School catchment.

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Property History for 36 Balfe St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$920,000
28 Oct 2023
Listed for Rent
$680/w
22 Nov 2023
  • 17 Nov 2023
    Listed for Rent $680 / week
  • 28 Oct 2023
    Sold for $920,000
  • 18 Oct 2023
    Listed for Sale Under Contract
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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2011 was 3,226 people. By 2016 the population was 3,515 showing a population growth of 9.0% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation. In 2011, 29.4% of the homes in Parramatta Park were owner-occupied compared with 29.8% in 2016.

Parramatta Park has 1,924 properties. Over the last 5 years, Houses in Parramatta Park have seen a 41.21% increase in median value, while Units have seen a 65.86% increase. As at 31 October 2024:

  • The median value for Houses in Parramatta Park is $583,677 while the median value for Units is $406,749.
  • Houses have a median rent of $500 while Units have a median rent of $435.
There are currently 40 properties listed for sale, and 12 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Parramatta park.

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