8 Barrett Street, Bungalow, QLD 4870 | House for sale | OnTheHouse
 
FOR SALE
$600,000

8 Barrett Street
Bungalow QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 125m2
Land area: 535m2
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Two Titles, Multiple Possibilities - Rare Inner-City Development Opportunity

8 Barrett Street, Bungalow
Positioned just minutes from the Cairns CBD, these two adjoining properties present an outstanding opportunity for developers, builders and buyers seeking a substantial inner-city landholding with multiple future development pathways.
Offering approximately **1,068m² across two separate titles**, the site provides the flexibility to explore a larger apartment development across the combined holding or retain the individual allotments and create a new single dwelling on each block.
Development Opportunities
Option 1 - Apartment Development
Combine the two adjoining properties and investigate the potential for a purpose-designed apartment development.
The generous combined site area provides an exciting opportunity to create a modern residential project in an established location with strong rental demand and convenient access to the Cairns CBD.
Indicative development feasibility information can be made available to qualified buyers upon request.
**Option 2 - Two New Detached Homes**
Retain the existing titles, remove the current dwellings and construct one contemporary new home on each allotment.
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Property Details for 8 Barrett St, Bungalow

8 Barrett St, Bungalow is a 4 bedroom, 2 bathroom House. The property has a land size of 535m2 and floor size of 125m2. The place is currently for sale with Ray White Cairns.

Building Type
House
Floor Size
125m2
Land Size
535m2
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About Bungalow 4870

The size of Bungalow is approximately 2.2 square kilometres. There are 3 parks, covering nearly 1.9% of the total area. The population of Bungalow in 2016 was 2159 people. By 2021 the population was 2358 showing a population growth of 9.2% in the area during that time. The predominant age group in Bungalow is 30-39 years. Households in Bungalow are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungalow work in a trades occupation.In 2021, 36.90% of the homes in Bungalow were owner-occupied compared with 34.70% in 2016.

Bungalow has 1,987 properties. Over the last 5 years, Houses in Bungalow have seen a 58.96% increase in median value, while Units have seen a 100.50% increase. As at 31 August 2026:

  • The median value for Houses in Bungalow is $649,677 while the median value for Units is $424,925.
  • Houses have a median rent of $590 while Units have a median rent of $473.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Bungalow.

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Brad Davidson
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Ray White Cairns
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