4/5-7 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 46m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Unit sold in Bungalow in the last 12 months.
Positioned in a small, well-maintained complex, this ground floor 1-bedroom apartment offers a fantastic opportunity for investors or first-home buyers seeking an affordable entry into the market.
Enjoy the convenience of easy access with no stairs, a functional layout, and the added benefit of an allocated car space. The property is currently tenanted at $390 per week, providing immediate rental income for savvy investors.
With low body corporate levies and a boutique complex setting, this apartment offers excellent value and strong long-term appeal.
Property features include:
Spacious 1-bedroom apartment
Ground floor position for easy access
Allocated off-street car space
Small, quiet complex
Low body corporate fees
Currently rented at $390 per week
Solid investment with steady returns
Whether you're expanding your investment portfolio or looking for a low-maintenance home in a convenient setting, this property is one not to miss.
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:
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