1/57-59 Madigans Drive, Mount Sheridan, QLD 4868 | Property Value & History | OnTheHouse
 
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1/57-59 Madigans Drive
Mount Sheridan QLD 4868

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 174m2
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Property Details for 1/57-59 Madigans Dr, Mount Sheridan

1/57-59 Madigans Dr, Mount Sheridan is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a land size of 174m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Townhouse
Year Built
2005
Floor Size
130m2
Land Size
174m2
Local Government
Cairns Regional
Lot/Plan
1/SP193136

Last Listing description (November 2020)

Rare opportunity to secure this unique Townhouse located in a small complex of 9 in a one off apartment complex in sought after Forest Gardens at The Sanctuary at Forest Gardens. The complex features a resort style saltwater in-ground pool with feature cascading waterfall and BBQ area great for entertaining.
Ideally located within walking distance to local Shopping precinct is this immaculately presented fully air-conditioned Townhouse boasts 3 king sized bedrooms, 2 bathrooms plus third guest toilet and basin, and remote single lock-up garage.
The functional and stylish kitchen boasts new Bosch dishwasher, electric cooktop and oven, rangehood, pantry, overhead cupboards and servery to patio. Spacious tiled open plan living areas opens onto the private tiled patio area adjoining the landscaped courtyard.

The timber staircase leads you upstairs where you will find the 3 carpeted bedrooms. 2 bedrooms have their own tiled balconies capturing the views with the main having an ensuite with combined shower and bath and walk-in robe while the other 2 bedrooms have mirrored door built-in robes.
Other features include neutral colours throughout, plenty of natural light and breezes, security screens, curtains and blinds, electric hot water, linen cupboard plus storage cupboard, main bathroom with combined shower and bath, and internal laundry.
Body corporate fees are approx. $5,915 per year after discount and council rates approx. $2,800 per year.
Healthy financials with Admin fund of approx. $12,000 & Sinking fund of approx. $82,800 as at 20/10/2020.

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Property History for 1/57-59 Madigans Dr, Mount Sheridan, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$302,500
24 Oct 2020
  • 24 Oct 2020
    Sold for $302,500
  • 22 Oct 2020
    Listed for Sale $309,000 NEG
  • 05 May 2016
    Listed for Sale $265,000
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About Mount Sheridan 4868

The size of Mount Sheridan is approximately 6.1 square kilometres. It has 22 parks covering nearly 19.0% of total area. The population of Mount Sheridan in 2016 was 8271 people. By 2021 the population was 8678 showing a population growth of 4.9% in the area during that time. The predominant age group in Mount Sheridan is 40-49 years. Households in Mount Sheridan are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Sheridan work in a professional occupation.In 2021, 71.50% of the homes in Mount Sheridan were owner-occupied compared with 68.30% in 2016.

Mount Sheridan has 3,679 properties. Over the last 5 years, Houses in Mount Sheridan have seen a 89.76% increase in median value, while Units have seen a 102.45% increase. As at 31 December 2025:

  • The median value for Houses in Mount Sheridan is $741,156 while the median value for Units is $547,466.
  • Houses have a median rent of $650.
There are currently 35 properties listed for sale, and 6 properties listed for rent in Mount sheridan on OnTheHouse. According to Cotality's data, 194 properties were sold in the past 12 months in Mount sheridan.

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