5/281 Lake Street, Cairns North, QLD 4870 | Property Value & History | OnTheHouse
FOR SALE

5/281 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 67m2
This property is currently on the market
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Property Details for 5/281 Lake St, Cairns North

5/281 Lake St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 67m2 and floor size of 67m2.This Property is currently listed for sale with Champion Estate Agents pty ltd

Building Type
Unit
Year Built
1982
Floor Size
67m2
Land Size
67m2
Local Government
Cairns Regional
Lot/Plan
1/BUP70161

Last Listing description (February 2026)

DISTINCT
Secure your position in one of Cairns most sought-after lifestyle precincts with this well-located ground floor two-bedroom apartment, already leased for 12 months at $520 per week.

Set within a small, gated complex with undercover parking and a resort-style pool, the apartment offers a low-maintenance investment with strong tenant appeal. The generously sized bedrooms, ground floor position and secure entry make it a popular choice for long-term renters.

Positioned within easy walking distance to the Esplanade, Cairns CBD and the hospital, this location consistently attracts quality tenants, underpinning reliable rental demand and future growth potential.

THE FACTS
* Gated complex - Under cover parking
* Two large bedrooms, one bathroom
* Walk to the Esplanade, Hospital and CBD
* Close to great Schools
* 12 month lease in place - great tenant!
* Build Year: Approx. 1982
* Rates: Approx. $3,200 / year
* Body corporate - TBC
* Rental Appraisal: Approx. $480 / week until June then increasing to $520 / week

These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the propertys potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.

Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Property History for 5/281 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$218,000
11 Jan 2021
Listed for Rent
$450/w
11 Jun 2024
  • 10 Feb 2026
    Listed for Sale Buyers in the $400,000's
  • 01 Aug 2024
    Listed for Sale Under Contract
  • 08 Jun 2024
    Listed for Rent $450 / week
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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2016 was 5191 people. By 2021 the population was 5334 showing a population growth of 2.8% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation.In 2021, 33.80% of the homes in Cairns North were owner-occupied compared with 29.20% in 2016.

Cairns North has 4,004 properties. Over the last 5 years, Houses in Cairns North have seen a 54.98% increase in median value, while Units have seen a 105.04% increase. As at 31 January 2026:

  • The median value for Houses in Cairns North is $759,715 while the median value for Units is $485,301.
  • Houses have a median rent of $573 while Units have a median rent of $500.
There are currently 29 properties listed for sale, and 38 properties listed for rent in Cairns north on OnTheHouse. According to Cotality's data, 263 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 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.