324/175 Lake Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

324/175 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 43m2
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Last updated 7 Sep 2026
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Property Details for 324/175 Lake St, Cairns City

324/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 43m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1980
Floor Size
39m2
Land Size
43m2
Local Government
Cairns Regional
Lot/Plan
324/SP178241

Last Listing description (April 2021)

"Cascade Gardens Holiday Apartments" are located one street back from the beautiful Cairns Esplanade, just 5 minutes' walk to the night markets and only 5 minutes' walk to Cairns marina. Simply said the location is perfect.

Unit 324 is uniquely located in the complex to capture the afternoon southern breezes that blow year round in Cairns. This apartment features a near new kitchen & bathroom, air-conditioning and mostly new furniture making the unit a favourite for guests.

Properties in this price point are moving quick, act now to secure this great proeprty.

NB: Please note that this property is zoned short term accommodation and there are restrictions on long term tenancies.

THE FACTS
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Year built: Approx 1990's
Unit size: 43sqm
Current rent: Holiday let at a nightly rate
Body corporate fees: Approx $5,329pa
Council rates: Approx $2,500pa

Property History for 324/175 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$165,000
19 Apr 2023
  • 19 Apr 2023
    Sold for $165,000
  • 22 Mar 2021
    Sold for $100,000
  • 12 Mar 2021
    Listed for Sale Under Contract
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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 3,422 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.
There are currently 55 properties listed for sale, and 26 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 149 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Cotality Copyright and Legal Disclaimers about Property Data
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.