9/553-561 Mulgrave Rd, Earlville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 60m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Earlville in the last 12 months.
Property at this price point are becoming increasingly difficult to secure, particularly in one of Cairns' most convenient and consistently sought-after suburbs. Whether you're looking to start your investment journey or expand your portfolio, this is the type of property that makes sound financial sense.
Currently leased at $385 per week until June 2027, this ground-floor apartment offers immediate, reliable rental income from settlement, allowing you to invest with confidence while benefiting from a quality tenant already in place.
Positioned within walking distance of Stockland Earlville Shopping Centre, schools, medical facilities, public transport and only minutes from the Cairns CBD, the location continues to attract strong tenant demand and provides the fundamentals investors seek for long-term capital appreciation.
Inside, the apartment offers two generous air-conditioned bedrooms, an open-plan living and dining area, a practical kitchen and a private fenced courtyard, creating an appealing home for tenants who value space, privacy and convenience.
Investment Highlights
• New Price - Offers Over $299,000
• Currently returning $385p/w
• Fixed lease in place until June 2027
• Strong tenant appeal in a high-demand rental location
• Ground-floor position with private courtyard
• Walking distance to Stockland Earlville Shopping Centre
• Minutes to the Cairns CBD, hospitals and major amenities
• An affordable entry into a suburb with proven long-term demand and excellent growth fundamentals.
Whether you're searching for your first investment or another quality addition to your portfolio, this is an opportunity to secure a well-positioned asset with immediate income and excellent prospects for future growth.
Do the numbers...this one stacks up!!!!
At Offers Over $299,000, opportunities like this are becoming increasingly rare!
The size of Earlville is approximately 3.5 square kilometres. There are 13 parks, covering nearly 4.3% of the total area. The population of Earlville in 2016 was 4030 people. By 2021 the population was 4200 showing a population growth of 4.2% in the area during that time. The predominant age group in Earlville is 50-59 years. Households in Earlville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Earlville work in a professional occupation.In 2021, 56.20% of the homes in Earlville were owner-occupied compared with 52.30% in 2016.
Earlville has 2,187 properties. Over the last 5 years, Houses in Earlville have seen a 72.17% increase in median value, while Units have seen a 127.88% increase. As at 31 August 2026:
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