347/175 Lake Street, Cairns City, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

347/175 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 52m2
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Last updated 21 Sep 2026
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Property Details for 347/175 Lake St, Cairns City

347/175 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 52m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1980
Floor Size
48m2
Land Size
52m2
Local Government
Cairns Regional
Lot/Plan
347/SP178241

Last Listing description (June 2026)

Your home away from home! Cascade Gardens offers affordable self-contained accommodation located in the heart of sunny, tropical Cairns. Conveniently located, just 5km from Cairns Airport and a very short walk from the Esplanade, Cairns Aquarium, shops, restaurants, cafes, hospital and Cairns Performing Arts Centre. Enjoy an outdoor swimming pool to cool off on those hot summer days and a BBQ area to really lean in to the Far North Queensland Lifestyle. There's 24/7 onsite management for any guest needs and secure carparking.

It's a smart choice for savvy investors seeking a "set and forget" opportunity to add to their portfolio offering high yields in the heart of Cairns with the option of staying there up to 90 days of the year.

- Fully furnished one bedroom apartment

- Fully equipped kitchen with breakfast bar
- Split air-conditioning to living room and bedroom
- Washing machine and dryer
- Rates $300 / night or $150 / night for 5 nights or more
- Rates $3,200 approx. per annum
- Body Corporate $5,297 approx. per annum
- Income statements available

* Video walkthrough available on request

Call Sam to enquire about this amazing opportunity today!

Property History for 347/175 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$201,000
17 Jul 2024
  • 11 Feb 2026
    Listed for Sale Offers Over $319,000
  • 17 Jul 2024
    Sold for $201,000
  • 25 Jun 2024
    Listed for Sale SOLD by David Galloway-Penney
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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 3,424 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 57 properties listed for sale, and 27 properties listed for rent in Cairns city on OnTheHouse. According to Cotality's data, 143 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.