323/175 Lake StreetCairns City QLD 4870
Property Details for 323/175 Lake St, Cairns City
323/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 52m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (February 2018)
When looking for an investment property there are several factors to consider including location, quality of the property, rental returns and opportunity for capital growth. This fantastic one bedroom apartment ticks these boxes.
This apartment is located within Cascade Gardens Holiday Apartments which is situated one street back from the beautiful Cairns Esplanade, just 5 minutes walk to the night markets, our famous fresh food markets Rusty market and only 5 minutes walk to Cairns marina. Simply said the location is perfect.
This apartment is generous in size with 52m of floor space, has recently had a new kitchen installed, near new air conditioners in living and bedroom, plus internal laundry. There is also ample secure off street parking for guests. The quality of the property for this price is unbeatable.
With the list of developments happening in Cairns increasing by the day smart money is buying up property now. Over next 3-4 years many economists are predicting Cairns will see substantial growth. Do your research Cairns is on the verge of seeing a major market shift.
This apartment ticks every box and is priced very competitively to sell today. Do not miss your opportunity enquire today.
NB: Please note that this property is zoned short term accommodation and there are restrictions on long term tenancies.
Property History for 323/175 Lake St, Cairns City, QLD 4870
- 22 Jan 2018Sold for $120,000
- 07 Jun 2017Listed for Sale U/C with the Craike Team
- 03 Nov 2004Sold for $160,000
Recent sales nearby
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About Cairns City 4870
The size of Cairns City is approximately 2.1 square kilometres. There are 3 parks, covering nearly 6.3% of the total area. The population of Cairns City in 2016 was 2737 people. By 2021 the population was 3616 showing a population growth of 32.1% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation.In 2021, 47.30% of the homes in Cairns City were owner-occupied compared with 46.40% in 2016.
Cairns City has 3,423 properties. Over the last 5 years, Houses in Cairns City have seen a 65.47% increase in median value, while Units have seen a 53.26% increase. As at 31 August 2026:
- The median value for Houses in Cairns City is $741,867 while the median value for Units is $606,251.
- Houses have a median rent of $488 while Units have a median rent of $600.
Suburb Insights for Cairns City 4870
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