OFF MARKET

311/58-62 Ardisia Street
Smithfield QLD 4878

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 84m2
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Property Details for 311/58-62 Ardisia St, Smithfield

311/58-62 Ardisia St, Smithfield is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 84m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2006
Floor Size
72m2
Land Size
84m2
Local Government
Cairns Regional
Lot/Plan
311/SP193144

Last Listing description (March 2020)

Donna Waldman puts another investment property under contract in this fantastic location - the yield is very attractive 8.93% net - make money from the word go! The on site managers have a list of tenants waiting to get into the complex to rent - just a short walk away from James Cook University! This third floor unit is quite spectacular!
Enjoy incredible mountain views and cool breezes from this top floor tidy apartment overlooking the largest pool in the complex. The living area is spacious and opens out into a large balcony which can be completely shut off if required. The outside area can be accessed from the main bedroom and offers privacy. Very tidy kitchen, featuring dishwasher, pantry and plenty of cupboards. This popular complex has the added bonus of a tennis court and gymnasium.
*Internal laundry/Tiled living areas

*Air conditioning in both bedrooms and living area
*Furniture included with the sale (like new)
*On site management keep the complex immaculate
*Currently tenanted at $395 per week
*Gross Yield of 8.93% annually
*Body corp fees $1000 quarterly
*Body corp includes Insurance
*Smithfield shopping centre and restaurants nearby
* Cinema and public transport also nearby
* Central to beaches and cairns city

Property History for 311/58-62 Ardisia St, Smithfield, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$235,000
11 Feb 2020
  • 11 Feb 2020
    Sold for $235,000
  • 17 Nov 2019
    Listed for Sale Contact Donna Waldman
  • 15 Nov 2016
    Sold for $235,000
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About Smithfield 4878

The size of Smithfield is approximately 13.1 square kilometres. It has 14 parks covering nearly 31.2% of total area. The population of Smithfield in 2011 was 3,707 people. By 2016 the population was 5,304 showing a population growth of 43.1% in the area during that time. The predominant age group in Smithfield is 20-29 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a professional occupation. In 2011, 63.7% of the homes in Smithfield were owner-occupied compared with 63.3% in 2016.

Smithfield has 3,658 properties. Over the last 5 years, Houses in Smithfield have seen a 58.37% increase in median value, while Units have seen a 75.98% increase. As at 31 October 2024:

  • The median value for Houses in Smithfield is $706,483 while the median value for Units is $404,810.
  • Houses have a median rent of $680 while Units have a median rent of $400.
There are currently 38 properties listed for sale, and 22 properties listed for rent in Smithfield on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Smithfield.

Suburb Insights for Smithfield 4878

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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.