43 Joan Street, Bungalow, QLD 4870 | Property Value & History | OnTheHouse
 
OFF MARKET

43 Joan Street
Bungalow QLD 4870

Bedrooms: 9
Bathrooms: 3
Car spaces: 9
Floor area: 216m2
Land area: 609m2
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Last updated 1 Dec 2025
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Property Details for 43 Joan St, Bungalow

43 Joan St, Bungalow is a 9 bedroom, 3 bathroom House with 9 parking spaces. The property has a land size of 609m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Floor Size
216m2
Land Size
609m2
Local Government
Cairns Regional
Lot/Plan
4/SP193110

Last Listing description (December 2025)

An exceptional opportunity for investors, business owners, and owner-occupiers seeking multiple income streams, serious storage, and unmatched flexibility. With two separate lots, multiple dwellings, and high-capacity sheds with an office, this property delivers a rare combination of strong returns, versatility, and future potential.

Perfect for:
Investors chasing high yield & multi-income security

Business owners needing sheds + office + storage
Owner-occupiers wanting to live in one dwelling while the others pay the mortgage
Land-bankers wanting long-term upside with two lots & multiple structures

THE PACKAGE

No. 43 Highset House With Dual Living
(Not registered as dual occupancy)

Upstairs 43A
3 bedrooms, 1 bathroom
Renovated with polished timber floors
Air-conditioned
Separate electricity meter
Fixed lease to 11/07/2026 at $520/week

Downstairs 43B
3 bedrooms, 1 bathroom, 2 car tandem lock up garage
Renovated, air-conditioned
Separate electricity meter
Fixed lease to 10/08/2026 at $490/week
(Not approved as dual occupancy - buyers to do their own due diligence)

No. 45 Lowset Home
3 bedrooms, 1 bathroom
Air-conditioned, polished timber floors
Electricity meter + 3-phase power
Fixed lease to 28/01/2026 at $510/week

THE SHEDS A Rare Find

Approx. 8.7m x 33m
Parking for seven vehicles
Dedicated office
2 electricity meters
3-phase power
Perfect for trades, storage, equipment, or running a business
Periodic lease at $309/week

INCOME SNAPSHOT

43A: $520/week
43B: $490/week
45: $510/week
Sheds: $309/week
Total Weekly Income: $1,829
Total Annual Income: approx. $95,108

RATES

No. 43: approx. $3,500/year
No. 45: approx. $4,000/year

WHY INVESTORS LOVE THIS PROPERTY

Four income streams + two separate titles
Highly rentable location
Strong holding income while land-banking
Ideal for business owners seeking storage + passive income
Live in one dwelling and enjoy a high-yield investment from day one

IMPORTANT

No. 43 is not registered as dual occupancy with Council
Buyers must conduct their own due diligence

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.

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Property History for 43 Joan St, Bungalow, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$712,000
08 Apr 2022
Listed for Rent
08 Jul 2025
  • 03 Dec 2025
    Listed for Sale Offers Over $1,385,000
  • 04 Jun 2025
    Listed for Rent $490 / week
  • 10 Jun 2024
    Listed for Rent $495 / 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 1,983 properties. Over the last 5 years, Houses in Bungalow have seen a 66.67% increase in median value, while Units have seen a 107.60% increase. As at 31 October 2025:

  • The median value for Houses in Bungalow is $585,313 while the median value for Units is $378,085.
  • Houses have a median rent of $540 while Units have a median rent of $430.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Bungalow on OnTheHouse. According to Cotality's data, 86 properties were sold in the past 12 months in Bungalow.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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.

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.

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