OFF MARKET

47/521-525 Varley Street
Yorkeys Knob QLD 4878

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 116m2
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Property Details for 47/521-525 Varley St, Yorkeys Knob

47/521-525 Varley St, Yorkeys Knob is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 116m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2009
Floor Size
87m2
Land Size
116m2
Local Government
Cairns Regional
Lot/Plan
47/SP228950

Last Listing description (November 2013)

INVESTORS INVESTORS INVESTORS, LOOK LOOK LOOK
This two-storey second floor townhouse -style unit must be seen to be believed. The complex is run like clockwork by experienced on-site managers who look after all owners??? rental and tenancy management needs. Currently long term tenanted and there is a constant waiting list of tenant applications as it???s such a sought after complex in a location that is second to none and standard and style is unsurpassed in rental units.
Location: tick

??? 1 min walk to shops, 5 min walk to stunning beach, marina and boat club with popular restaurant, bar and entertainment
??? 10 mins drive to main shopping complex with supermarkets, PO, speciality shops, takeaways, cafes and more more more.
??? 10 mins drive to Cairns airport.
??? 10 mins drive to James Cook University
??? 15 mins drive to Cairns CBD.
Style: tick
??? Light, bright, modern and stylish
??? Kitchens with compressed stone benchtops, stainless steel dishwashers, slide out range hoods, ceramic cooktops
??? Fully furnished with contemporary living, dining and bedroom furniture.
??? Both bathrooms have fashionable square vanity basins and chrome fittings including shower cubicles.
??? Master bedrooms are king size with en-suite and second bedroom also king size. Large built-in robes are mirrored.
Security: tick
??? Underground secure parking
??? Secure gated (coded) entry to interior of complex
??? On-site management
??? Secure storage facilities
More: tick
??? Beautiful private in-ground pool
??? Lifts to upper apartments
??? Set with a bush backdrop
??? This apartment is registered in the NRAS scheme, giving owners the opportunity to increase their annual net income by $10,000 (approx.)
??? Extremely low body corporate fees (less than $4,500 for admin, sinking & insurance)

Property History for 47/521-525 Varley St, Yorkeys Knob, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$277,500
09 May 2021
  • 09 May 2021
    Sold for $277,500
  • 04 Dec 2013
    Sold for $285,000
  • 27 Mar 2013
    Listed for Sale 295000

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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 1,870 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 49.11% increase in median value, while Units have seen a 66.81% increase. As at 31 August 2024:

  • The median value for Houses in Yorkeys Knob is $545,213 while the median value for Units is $366,270.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Yorkeys knob on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Yorkeys knob.

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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.