5/16-20 Faculty Cl, Smithfield, QLD 4878 | Property Value & History | OnTheHouse
OFF MARKET

Faculty Close
Smithfield QLD 4878

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 5/16-20 Faculty Cl, Smithfield

5/16-20 Faculty Cl, Smithfield is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Cairns Regional

Last Listing description (December 2024)

Selling off-plan: two display suites ready to view now.

In a superb opportunity for both lifestyle and investment, Stage 2 of this high quality development is now selling off-plan. With construction to commence shortly, Summit Apartments represent a stylish entry into the property market, following the extremely popular completed Stage 1, 'Pinnacle', which sold out quickly.

Appealing to both downsizers and first-time owner-occupiers, the two-bedroom apartments are finished with fresh, modern decor and completely refurbished to an exceptional standard. Comprising contemporary open plan living and generously proportioned bedrooms, top-floor apartments feature a spacious balcony, while ground-floor residences have a low maintenance garden. Located on the doorstep of the amenities of Campus Village Shopping Centre, this quality development is just 15.5 kms from the CBD.

- Stage 2 of high-quality development of 40 apartments
- Completely refurbished throughout, presenting as new
- Contemporary interiors with open-plan living, dining and kitchen
- Modern kitchen, appointed with sleek joinery and quality appliances
- Top floor apartments feature a large balcony, some with rainforest backdrop
- Ground floor apartments feature patio & private courtyard
- Modern decor, timber-look flooring in the living, carpet optional in bedrooms
- Airconditioning and fans throughout
- White goods and window furnishings included
- Carport for one vehicle plus 3m2 external storage
- Pet-friendly, lift to some apts. and lovely pool
- Estimated potential rent $450-$470 p/w
- Walk to Smithfield Village amenities, 12 mins to Palm Cove, 18 mins to CBD
- Stage 1 of development complete; extremely popular, sold out quickly

Property History for 5/16-20 Faculty Cl, Smithfield, QLD 4878

A timeline of how this property has performed in the market
  • 29 Nov 2024
    Listed for Sale $355,000
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About Smithfield 4878

The size of Smithfield is approximately 13.1 square kilometres. It has 14 parks covering nearly 31.2% of total area. The population of Smithfield in 2016 was 5303 people. By 2021 the population was 6664 showing a population growth of 25.7% in the area during that time. The predominant age group in Smithfield is 30-39 years. Households in Smithfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Smithfield work in a professional occupation.In 2021, 65.30% of the homes in Smithfield were owner-occupied compared with 63.30% in 2016.

Smithfield has 3,731 properties. Over the last 5 years, Houses in Smithfield have seen a 78.31% increase in median value, while Units have seen a 109.55% increase. As at 30 November 2025:

  • The median value for Houses in Smithfield is $822,030 while the median value for Units is $438,984.
  • Houses have a median rent of $700 while Units have a median rent of $400.
There are currently 36 properties listed for sale, and 14 properties listed for rent in Smithfield on OnTheHouse. According to Cotality's data, 184 properties were sold in the past 12 months in Smithfield.

Suburb Insights for Smithfield 4878

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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.