43 Joan StreetBungalow QLD 4870
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 1217m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 9 bedroom House sold in Bungalow in the last 12 months.
Last Listing description (February 2026)
Offering an impressive approx. 7% ROI, this property is positioned in one of Cairns' fastest-changing suburbs. Bungalow is undergoing strong gentrification, with upgraded homes, new cafés and small businesses lifting the area's appeal. Just 3 minutes to Cairns Central Shopping Centre and the CBD, this location delivers exceptional convenience for tenants and investors alike. Zoned Low Impact Industry, it also provides future flexibility and long-term upside (STCA).
An exceptional opportunity for investors, business owners, and owner-occupiers seeking multiple income streams, serious storage capacity, and unmatched versatility. With two separate lots, multiple dwellings, and large high-clearance sheds with an office, this is a rare chance to secure strong returns and valuable future potential in a high-demand pocket.
Perfect for:
✔ 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 conduct 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
• Two electricity meters
• 3-phase power
• Ideal for trades, storage, equipment, or running a business
• Periodic lease at $315/week
INCOME SNAPSHOT
43A: $520/week
43B: $490/week
45: $510/week
Sheds: $315/week
Total Weekly Income: $1,835
Total Annual Income: approx. $95,420
RATES
No. 43: approx. $3,500/year
No. 45: approx. $4,000/year
WHY INVESTORS LOVE THIS PROPERTY
• Four income streams across two titles
• Highly rentable, central location
• Strong holding income while land-banking
• Ideal for business owners wanting storage + passive income
• Live in one dwelling and enjoy high yield 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.
Property History for 43 Joan St, Bungalow, QLD 4870
- 16 Jan 2026Sold for $750,000
- 03 Dec 2025Listed for Sale SOLD BY ZOE WICKS
- 04 Jun 2025Listed for Rent $490 / 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.
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