22/164-172 Spence St, Bungalow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 98m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Located on the top floor of the secure and well-maintained 'Focus On Spence' complex, 'The Ray Murphy Team' is excited to present to the market this spacious, light-filled, two-bedroom, two-bathroom apartment. Perfectly situated for easy access to all that Cairns has to offer, this apartment is ideal for those seeking low-maintenance, inner-city living or a fantastic investment opportunity!
Be quick, this property will appeal to the masses!
Property Profile:
The Figures:
Body Corporate Fees: $6,483.00 approx. p/a
Council Rates: $2,900 approx. p/a
Rental Potential: $530.00 - $570.00 per week
Located within immediate proximity to all major amenities; this property is within walking distance to both primary and secondary schools, Showgrounds Shopping Centre, Cairns Central Shopping Centre, sporting facilities and just minutes away from the Cairns Esplanade.
Act now, this one will be snapped up quickly! Contact 'The Ray Murphy Team' today to register your interest!
The size of Bungalow is approximately 2.2 square kilometres. It has 3 parks covering nearly 1.9% of 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 1,980 properties. Over the last 5 years, Houses in Bungalow have seen a 69.36% increase in median value, while Units have seen a 105.95% increase. As at 30 November 2025:
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