OFF MARKET

384 Draper Street
Parramatta Park QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 1012m2
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Last updated 11 Nov 2024
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Property Details for 384 Draper St, Parramatta Park

384 Draper St, Parramatta Park is a 2 bedroom, 1 bathroom House. The property has a land size of 1012m2 and floor size of 90m2.

Building Type
House
Floor Size
90m2
Land Size
1012m2
Local Government
Cairns Regional
Lot/Plan
3/RP701448

Last Listing description (March 2024)

What a fantastic opportunity this property presents for the developer or budding entrepreneur, to develop this flat 1,012m2 site, close to Cairns CBD and take full advantage of the brilliant location and the shortage of accommodation available in Cairns.
Situated on a wide street, it allows easy access to the site and being well located, it is close to all amenities and just a hop, skip and jump from the Cairns Esplanade and CBD.

Just a few of the features of the property are -:

. Zoned Medium Density Residential
. 1,012m2 site
. Should accommodate 15 x 2-bedroom units (subject to Council approval)
. Various other development opportunities available
. Close to Cairns CBD and Esplanade
. High-set Queenslander in place although in need of repair

This property is offered by Expressions of Interest, get your offer in today.

# This property is being sold by Expressions of Interest without a price, therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 384 Draper St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
  • 18 Mar 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 30 Mar 2022
    Listed for Sale EXPRESSIONS OF INTEREST

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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.

Suburb Insights for Parramatta Park 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.