4/5-7 Nelson StreetBungalow QLD 4870
Property Details for 4/5-7 Nelson St, Bungalow
4/5-7 Nelson St, Bungalow is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 46m2 and floor size of 46m2.This Property is currently listed for sale with Ray White Cairns
Last Listing description (March 2026)
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 apartmentGround floor position for easy accessAllocated off-street car spaceSmall, quiet complexLow body corporate feesCurrently rented at $390 per weekSolid investment with steady returnsWhether you're expanding your investment portfolio or looking for a low-maintenance home in a convenient setting, this property is one not to miss.
Property History for 4/5-7 Nelson St, Bungalow, QLD 4870
- 16 Mar 2026Listed for Sale Offers Above $290,000
- 22 Jan 2025Listed for Rent $370 / week
- 23 Jan 2024Listed for Rent $340 / week
Recent sales nearby
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0About 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 72.04% increase in median value, while Units have seen a 107.45% increase. As at 28 February 2026:
- The median value for Houses in Bungalow is $629,407 while the median value for Units is $418,090.
- Houses have a median rent of $530 while Units have a median rent of $440.
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