SOLD
Sold on 22 Nov 2023 for $430,000

530 Varley Street
Yorkeys Knob QLD 4878

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 530 Varley St, Yorkeys Knob

530 Varley St, Yorkeys Knob is a 0 bedroom, 0 bathroom House and was built in 1988. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 0 bedroom House sold in Yorkeys Knob in the last 12 months.

Building Type
House
Year Built
1988
Land Size
1012m2
Local Government
Cairns Regional
Lot/Plan
48/RP705891

Last Listing description (January 2024)

Situated in the heart of Yorkeys Knob on Varley Street, and positioned on a 1012m2 high density zoned block with great street frontage, this rare site is ripe for redevelopment or ideal for those looking to invest in the Hot Cairns Beaches market.

With its central location and great street frontage, this property offers excellent exposure and accessibility. It is a prime piece of real estate that is sure to attract attention from astute investors and developers.

The surrounding area is experiencing rapid growth and development, which is driving demand for quality land like this one. Yorkeys Knob is a popular destination for tourists and locals alike, with its beautiful beaches, stunning coastline, and relaxed lifestyle.

This is a rare opportunity to secure a prime piece of real estate in one of Cairns' hottest markets. Don't miss your chance to invest in this thriving community and capitalize on its growth potential.

Contact us today to arrange an inspection and see the potential this property has to offer.

Walking distance to local shops, medical facilities and a beautiful beach.

This property will be ideal to purchase as an investment property or to develop in the future. The land is zoned high density and would be ideal for a development site.

RARE OPPORTUNITY

Notable Features

*Small cottage is on the site
*1012sqm Block
Approx. 0.25 Acre/ 1012 sqm
Power, water and town services all connected
Development Zone Residential Land/ Multi Dwelling
Council Rates approx. $2,500 yearly.

High Density Residential site
Smack bang in the middle of Cairns most sought-after locations

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Property History for 530 Varley St, Yorkeys Knob, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$430,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $430,000
  • 05 Jul 2021
    Listed for Sale $475,000
  • 21 May 2011
    Listed for Sale 650000
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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 1,853 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 47.58% increase in median value, while Units have seen a 71.46% increase. As at 31 October 2024:

  • The median value for Houses in Yorkeys Knob is $562,734 while the median value for Units is $398,818.
  • Houses have a median rent of $558 while Units have a median rent of $450.
There are currently 34 properties listed for sale, and 3 properties listed for rent in Yorkeys knob on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Yorkeys knob.

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Nathan Shingles
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