OFF MARKET

20/2-16 Fairweather Road
Redlynch QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 134m2
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Property Details for 20/2-16 Fairweather Rd, Redlynch

20/2-16 Fairweather Rd, Redlynch is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 134m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
2006
Floor Size
82m2
Land Size
134m2
Local Government
Cairns Regional
Lot/Plan
20/SP183707

Last Listing description (July 2021)

Great location downstairs unit in gated resort style complex.

Features:
Huge main bedroom with ensuite bathroom, build-in wardrobes and glass door opens to patio;

Huge second bedroom with walk in robe, glass door to balcony and adjacent to main bathroom;
Open plan living area with glass sliding doors and security screen door.
Kitchen includes dishwasher, range hood, stove and heaps of cupboard;
High ceilings;
Split system air conditioning through out;
Massive covered private patio;
Lock up garage and many public parking area available inside complex.

For investors the current rental income is $330/w this year with potential to increase,
Low management fee with stable long term tenancies, very low turnover rates, minimum maintenance.

For owner occupiers, this is a very private and safe place, no garden to take care of, friendly neighbors and close to good schools, Redlynch shopping center, arguably the best suburb in Cairns.

If interested to book an inspection please contact agent at any time.

Property History for 20/2-16 Fairweather Rd, Redlynch, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$232,500
02 Aug 2020
  • 02 Aug 2020
    Sold for $232,500
  • 21 Sep 2018
    Listed for Sale $240,000
  • 25 Apr 2015
    Listed for Sale $399,000
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About Redlynch 4870

The size of Redlynch is approximately 25.4 square kilometres. It has 23 parks covering nearly 3.6% of total area. The population of Redlynch in 2011 was 8,645 people. By 2016 the population was 9,729 showing a population growth of 12.5% in the area during that time. The predominant age group in Redlynch is 40-49 years. Households in Redlynch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redlynch work in a professional occupation. In 2011, 70% of the homes in Redlynch were owner-occupied compared with 71.6% in 2016.

Redlynch has 4,237 properties. Over the last 5 years, Houses in Redlynch have seen a 48.59% increase in median value, while Units have seen a 81.41% increase. As at 31 October 2024:

  • The median value for Houses in Redlynch is $737,492 while the median value for Units is $436,347.
  • Houses have a median rent of $700 while Units have a median rent of $493.
There are currently 61 properties listed for sale, and 13 properties listed for rent in Redlynch on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Redlynch.

Suburb Insights for Redlynch 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.