4/5-7 Nelson Street, Bungalow, QLD 4870 | Property Value & History | OnTheHouse
 
FOR SALE

4/5-7 Nelson Street
Bungalow QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 46m2
Land area: 46m2
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This property is currently on the market
Ideal Investment or Easy Living - Ground Floor 1-Bedroom Apartment
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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

Building Type
Unit
Year Built
1985
Floor Size
46m2
Land Size
46m2
Local Government
Cairns Regional
Lot/Plan
4/BUP71058

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

A timeline of how this property has performed in the market
Last Sold
$145,000
11 Apr 2022
Listed for Rent
$370/w
07 Feb 2025
  • 16 Mar 2026
    Listed for Sale Offers Above $290,000
  • 22 Jan 2025
    Listed for Rent $370 / week
  • 23 Jan 2024
    Listed for Rent $340 / week
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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 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.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Bungalow.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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