256 Spence Street, Bungalow, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

256 Spence Street
Bungalow QLD 4870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 443m2
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Property Details for 256 Spence St, Bungalow

256 Spence St, Bungalow is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1949. The property has a land size of 443m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Year Built
1949
Floor Size
93m2
Land Size
443m2
Local Government
Cairns Regional
Lot/Plan
6/RP712086

Last Listing description (February 2025)

Discover this opportunity to secure a property in a suburb that's undergoing rapid urban renewal! This high set home is just 2 kilometers (5 minutes drive) from Cairns Central Shopping Center, placing you just moments from the vibrant city life.

The home boasts high ceilings, tongue and groove walls, timber floors, 3 bedrooms, a country kitchen, and a upgraded bathroom. Downstairs features a large lockable storage room and ample space for a workshop or additional storage needs.

Enjoy the benefits of a fully fenced block with double side access, allowing for plenty of room to build a pool, shed, or park extra vehicles. Perfectly zoned Low Impact Industrial, this property is ideal for tradespeople looking to run a home-based business with excellent street exposure.

Fixed term tenancy until 10.3.2025 at $495 per week
Current Rental Appraisal $560-$610 per week
Council rates $3,000 per annum approx

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property History for 256 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$490,000
22 Jan 2025
Listed for Rent
$495/w
16 Feb 2024
  • 22 Jan 2025
    Sold for $490,000
  • 12 Jan 2025
    Listed for Sale SOLD BY ZOE WICKS
  • 31 Jan 2024
    Listed for Rent $495 / week
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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 1,984 properties. Over the last 5 years, Houses in Bungalow have seen a 81.51% increase in median value, while Units have seen a 108.44% increase. As at 31 May 2026:

  • The median value for Houses in Bungalow is $660,660 while the median value for Units is $426,123.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 18 properties listed for sale, and 6 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Bungalow.

Suburb Insights for Bungalow 4870

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.