5/2 Mcpherson CloseEdge Hill QLD 4870
Property Details for 5/2 Mcpherson Cl, Edge Hill
5/2 Mcpherson Cl, Edge Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 40m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (March 2025)
Presenting Unit 5, 2 McPherson Close a ground-floor gem in the sought-after suburb of Edge Hill. This 1-bedroom, 1-bathroom unit with a dedicated carport offers an exceptional opportunity for astute investors. This quiet complex features a serene setting and includes an inground swimming pool, adding to its appeal for residents and tenants alike.
Key Features:
Location:
Updated Interior:
A new kitchen was installed in May 2024, featuring updated appliances for a fresh and functional cooking space.
Secure Tenancy:
Currently leased until 07/11/2025 to a reliable tenant at $350 per week, with a rental appraisal of $380 per week at lease end, ensuring a steady income stream.
Why Invest in Edge Hill?
Edge Hill is a vibrant suburb known for its leafy streets, cultural attractions and close-knit community. Its proximity to Cairns' key landmarks and CBD makes it a highly desirable location, particularly popular among professionals means you'll always find fantastic tenants.
Body Corporate Fees: $3,750
Don't miss out on this opportunity to secure a solid investment in a prime location. Contact us today to arrange a viewing and further discuss how this property can enhance your portfolio.
Property History for 5/2 Mcpherson Cl, Edge Hill, QLD 4870
- 03 Feb 2025Sold for $265,000
- 23 Jan 2025Listed for Sale Offers Over $249,000
- 11 Oct 2022Listed for Rent $310 / week
Recent sales nearby
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0About Edge Hill 4870
The size of Edge Hill is approximately 2.6 square kilometres. It has 9 parks covering nearly 25.1% of total area. The population of Edge Hill in 2016 was 3916 people. By 2021 the population was 4088 showing a population growth of 4.4% in the area during that time. The predominant age group in Edge Hill is 50-59 years. Households in Edge Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edge Hill work in a professional occupation.In 2021, 61.90% of the homes in Edge Hill were owner-occupied compared with 57.60% in 2016.
Edge Hill has 2,122 properties. Over the last 5 years, Houses in Edge Hill have seen a 71.96% increase in median value, while Units have seen a 105.70% increase. As at 28 February 2026:
- The median value for Houses in Edge Hill is $904,948 while the median value for Units is $482,643.
- Houses have a median rent of $650 while Units have a median rent of $460.
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