253 Mulgrave RoadBungalow QLD 4870
Property Details for 253 Mulgrave Rd, Bungalow
Last Listing description (May 2017)
Prime Residential / Commercial mix on a level 506sqm site
Retail tenant on long term lease with demolition clause
Land bank now while prices are affordable and develop later
Imagine the exposure your business would receive from this location
Knight Frank Cairns is regarded as a market leader locally. Knight Frank has the benefit of an Australian and worldwide network of high quality commercial agency, valuations, property management, research and consulting services. Knight Frank provides strategic advice, forecasting, consultancy, insight and independent expert advice, and has longevity in the local market for analysis and historical data. Knight Frank prides itself on their excellence of knowledge in commercial office, industrial, retail, hotel and leisure, development and englobo sites, project management and special uses such as age care, medical, vacant land and self-managed super funds etc.
Knight Frank Cairns are proven market leaders with a substantial track record in both selling and leasing a variety of commercial property through our comprehensive databases.
Property History for 253 Mulgrave Rd, Bungalow, QLD 4870
- 12 Jun 2015Listed for Sale AUCTION 2ND JULY 11AM AT KNIGHT FRANK OFFICE
- 01 Jan 1930Transferred
Recent sales nearby
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About Bungalow 4870
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 1,979 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:
- The median value for Houses in Bungalow is $615,273 while the median value for Units is $384,061.
- Houses have a median rent of $540 while Units have a median rent of $430.
Suburb Insights for Bungalow 4870
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