2/423-427 Draper Street, Parramatta Park, QLD 4870 | Property Value & History | OnTheHouse
OFF MARKET

2/423-427 Draper Street
Parramatta Park QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 2/423-427 Draper St, Parramatta Park

2/423-427 Draper St, Parramatta Park is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit

Last Listing description (December 2024)

Welcome to Unit 2 at Breezes by Benchmark—a stylish and modern unit nestled in Cairns' city fringe. This thoughtfully designed unit offers a combination of convenience and comfort making it perfect for first-time buyers, downsizers, or astute investors seeking to bolster their portfolio.
This unit boasts an open plan tiled living and dining area that flows seamlessly onto a private patio providing generous space for relaxation and entertaining. Both bedrooms have built-in wardrobes, air conditioning and are carpeted, with the master bedroom featuring an ensuite.

The recently renovated kitchen highlights sleek cabinetry, with plenty of counter space, storage, modern finishes and a 90cm oven for cooking enthusiasts.

Located in a well-maintained, securely gated complex of 18, complete with allocated parking. Parramatta Park offers a fantastic city lifestyle with easy access to public transport making it even easier to explore all Cairns has to offer.

This property represents an excellent investment opportunity with potential for a steady rental income and future growth in Parramatta Park.

Key Features -
• Thoughtfully renovated kitchen with plenty of bench space and storage
• Ground level with private courtyard
• 2 carpeted bedrooms with aircon, built-in robes and black-out blinds.
• 2 Bathrooms – Ensuite to Master
• Split system Air-conditioners throughout
• Internal laundry
• Internal linen closet
• Secure underground parking with remote entry
• 2m2 storage on ground floor.

Close to -
• Cairns Hospital 1.1km (approx.)
• Cairns Esplanade 1.3km (approx.)
• Cafes (BK Cafes (400m), & The Quack (900m)
• Nature, Lily Creek Cycling Circuit (500m)
• Convenience stores and restaurants (700m)
• Cairns Botanic Gardens 2km (approx.)
• Cairns State High 1km (approx.)
• Cairns Central Shopping Centre Approx 1.3km (approx.)
• Cairns Domestic and International Airports 5.2km (approx.)

Key Figures -
• Built 2006
• Body Corporate $5,000 approx. per annum
• Council rates $3,100 approx. per annum

Contact Nick Moller today to inspect!

Property History for 2/423-427 Draper St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
10 Dec 2024
Listed for Rent
26 Jul 2019
  • 10 Dec 2024
    Sold for $402,000
  • 07 Nov 2024
    Listed for Sale Under Contract
  • 15 Nov 2019
    Sold for $245,000
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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2016 was 3508 people. By 2021 the population was 3621 showing a population growth of 3.2% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation.In 2021, 33.00% of the homes in Parramatta Park were owner-occupied compared with 29.80% in 2016.

Parramatta Park has 1,953 properties. Over the last 5 years, Houses in Parramatta Park have seen a 59.31% increase in median value, while Units have seen a 108.39% increase. As at 30 November 2025:

  • The median value for Houses in Parramatta Park is $707,766 while the median value for Units is $479,570.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Parramatta park on OnTheHouse. According to Cotality's data, 99 properties were sold in the past 12 months in Parramatta park.

Suburb Insights for Parramatta Park 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.