3/193-195 Spence Street, Bungalow, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

3/193-195 Spence Street
Bungalow QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 90m2
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Property Details for 3/193-195 Spence St, Bungalow

3/193-195 Spence St, Bungalow is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 90m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last transferred in September 2014.

Building Type
Unit
Year Built
1980
Floor Size
61m2
Land Size
90m2
Local Government
Cairns Regional
Lot/Plan
3/SP188115

Last Listing description (April 2026)

Positioned just minutes from the Cairns CBD, this neat and low-maintenance unit delivers the kind of flexibility todays buyers are chasing - whether youre entering the market, simplifying your lifestyle, or securing a set-and-forget investment.

For first home buyers, its an affordable step into a central location without the upkeep of a house. For downsizers, it offers easy living, minimal maintenance, and everything close by. And for investors, its a solid performer in a high-demand rental pocket with immediate income potential.

Inside, the layout is practical and comfortable, featuring two well-sized bedrooms with built-in robes, a light-filled open-plan living and dining area, and a functional kitchen with plenty of storage. Air-conditioning ensures year-round comfort, while the private outdoor space provides the perfect spot to unwind.

Set within a tidy complex and complete with dedicated parking, this is a property that simply makes sense.

- Open-plan living with great natural light
- Access to pool for the warmer days
- Air-conditioning for year-round comfort
- Low-maintenance, easy-care living

Estimated rental return: approx. $500 per week
Body Corporate per annum: approx. $4000
Council Rates per annum: approx. $3400

Opportunities like this - versatile, well-located, and easy to own - are always in demand.

We'll see you at the open home!

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. The photos may include digital staging, and the furniture may not represent what is at the property. This property is not furnished. We accept no responsibility or liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective buyers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property History for 3/193-195 Spence St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Transferred
$103,000
01 Sep 2014
Listed for Rent
$260/w
12 Dec 2007
  • 08 Apr 2026
    Listed for Sale Not Disclosed
  • 30 Mar 2026
    Listed for Rent $500 / week
  • 01 Sep 2014
    Transferred for $103,000
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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 1,984 properties. Over the last 5 years, Houses in Bungalow have seen a 76.48% increase in median value, while Units have seen a 113.04% increase. As at 31 March 2026:

  • The median value for Houses in Bungalow is $635,985 while the median value for Units is $430,468.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 97 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.