1/55-57 Mccormack Street, Manunda, QLD 4870 | Property Value & History | OnTheHouse
 
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1/55-57 Mccormack Street
Manunda QLD 4870

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 42m2
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Property Details for 1/55-57 Mccormack St, Manunda

1/55-57 Mccormack St, Manunda is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 42m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1995
Floor Size
42m2
Land Size
42m2
Local Government
Cairns Regional
Lot/Plan
1/BUP103481

Last Listing description (January 2021)

Palm Tree Apartments is a well presented complex. The Body Corporate fees are low and the committee is active, meaning the whole complex is cared for and well maintained. Although it is a large complex, this is great place to live or to add to the investment portfolio. There have been very few sales in this complex over the past few years, speaking volumes about the great investment returns these units provide.

The unit itself is very spacious for a studio unit with 42m2 internally + extra balcony/patio space and carport. We currently have one for sale on the ground and top floor, both with great tenants in place paying $200 & $210 per week.


Each unit has an undercover, designated parking space. The kitchen has ample bench and cupboard space. The living area is open plan and includes an air conditioner and ceiling fan and the large glass sliding doors that open the property up even further. The balcony area is a good size and private. The internal laundry is in the bathroom space but size has not been compromised.

If you are looking for an affordable property to purchase with undeniably great returns, this studio unit could be just what you have been looking for.
Further information:-
- Body Corporate Fees approx $1,300 pa
- Council Rates approx $2,400 pa
- Currently tenanted at $200 & $210 per week

Please dont hesitate, contact us now for further information and to arrange a suitable time to see the property for yourself.

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Property History for 1/55-57 Mccormack St, Manunda, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$88,000
13 Nov 2020
Listed for Rent
$95/w
19 Sep 2005
  • 05 Jan 2021
    Listed for Sale SOLD - $88,000
  • 13 Nov 2020
    Sold for $88,000
  • 19 Sep 2005
    Listed for Rent - Price not available
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About Manunda 4870

The size of Manunda is approximately 4.2 square kilometres. It has 12 parks covering nearly 16.2% of total area. The population of Manunda in 2016 was 5390 people. By 2021 the population was 5191 showing a population decline of 3.7% in the area during that time. The predominant age group in Manunda is 20-29 years. Households in Manunda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manunda work in a community and personal service occupation.In 2021, 41.20% of the homes in Manunda were owner-occupied compared with 38.30% in 2016.

Manunda has 3,152 properties. Over the last 5 years, Houses in Manunda have seen a 77.87% increase in median value, while Units have seen a 146.82% increase. As at 30 November 2025:

  • The median value for Houses in Manunda is $618,808 while the median value for Units is $359,429.
  • Houses have a median rent of $465 while Units have a median rent of $420.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Manunda on OnTheHouse. According to Cotality's data, 150 properties were sold in the past 12 months in Manunda.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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