SOLD
Sold on 16 Oct 2024 for $260,000

14/538 Varley Street
Yorkeys Knob QLD 4878

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 50m2
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Property Details for 14/538 Varley St, Yorkeys Knob

14/538 Varley St, Yorkeys Knob is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 50m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Yorkeys Knob in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
50m2
Land Size
50m2
Local Government
Cairns Regional
Lot/Plan
14/BUP70862

Last Listing description (November 2024)

Whether you are looking to grow your investment portfolio or simplify your living, this well-appointed unit is the ultimate choice – secure, stylish and superbly low-maintenance. Situated as a top-floor end unit, it is one of the most desirable in the complex, offering privacy with extra windows for natural light and ventilation.

You will find a thoughtfully updated kitchen that flows effortlessly into the living and dining area, where you will be greeted by a balcony. The bedroom boasts two built-in robes, ensuring plenty of storage, while the modern bathroom is cleverly combined with the laundry to make everyday life a breeze. This unit also offers access to a sparkling shared pool.

For investors, you will love the strong rental income of $380 per week – already secured with a tenant in place until July 2025. Body corporate levies are approximately $3,270 per annum, and an allocated covered carport ensures your car is always secure.

BC Fees $3270 pa approx.
Tenancy until July 2025 $380pw
Morning viewings strictly by appointment only - virtual tour available on demand

Property History for 14/538 Varley St, Yorkeys Knob, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$260,000
16 Oct 2024
Listed for Rent
$330/w
09 Nov 2022
  • 16 Oct 2024
    Sold for $260,000
  • 19 Sep 2024
    Listed for Sale Sold
  • 21 Oct 2022
    Listed for Rent $330 / week
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About Yorkeys Knob 4878

The size of Yorkeys Knob is approximately 11.3 square kilometres. It has 8 parks covering nearly 3.5% of total area. The population of Yorkeys Knob in 2011 was 2,765 people. By 2016 the population was 2,749 showing a population decline of 0.6% in the area during that time. The predominant age group in Yorkeys Knob is 50-59 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation. In 2011, 43.6% of the homes in Yorkeys Knob were owner-occupied compared with 41.8% in 2016.

Yorkeys Knob has 1,868 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 43.90% increase in median value, while Units have seen a 71.83% increase. As at 30 November 2024:

  • The median value for Houses in Yorkeys Knob is $566,501 while the median value for Units is $394,634.
  • Houses have a median rent of $535 while Units have a median rent of $450.
There are currently 27 properties listed for sale, and 6 properties listed for rent in Yorkeys knob on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Yorkeys knob.

Suburb Insights for Yorkeys Knob 4878

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Nick Pelucchi
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LJ Hooker Cairns Beaches
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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.