584 Bruce HighwayWoree QLD 4868
Property Details for 584 Bruce Hwy, Woree
584 Bruce Hwy, Woree is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (July 2023)
584 Bruce Highway is an investor's dream.
There are four x two bedroom & one bathroom units, which have been meticulously maintained by their owner.
All four apartments have always been occupied, have long term tenants in place & will return an attractive 7% approx.
They are positioned in a secure gated community within walking distance to Stockland Shopping Centre & public transport on your doorstep. With low building insurance & NO BODY CORP FEES, you will reap the rewards on investment.
Each property benefits from.....
- Open plan living kitchen & dining area
- Air conditioning throughout
- Two bedrooms with built-in robes
- Fully tiled throughout
- Bathroom with shower
- Separate Toilet
- Separate laundry
- Front Entertaining area & smaller back Patio
- Gated complex
- Maintained Landscaping and gardens
- Undercover parking
- Great returns 7% approx.
- Cairns' Critically low vacancy rates
All four apartments are in the process of a rent review to $345/w which will make the annual return $71,760
Property History for 584 Bruce Hwy, Woree, QLD 4868
- 31 May 2023Sold for $1,000,000
- 17 Apr 2023Listed for Sale Offers over $1,000,000
- 15 Apr 2021Listed for Rent - Price not available
Recent sales nearby
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0About Woree 4868
The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2016 was 4821 people. By 2021 the population was 5127 showing a population growth of 6.4% in the area during that time. The predominant age group in Woree is 40-49 years. Households in Woree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Woree work in a community and personal service occupation.In 2021, 45.10% of the homes in Woree were owner-occupied compared with 42.80% in 2016.
Woree has 2,910 properties. Over the last 5 years, Houses in Woree have seen a 79.31% increase in median value, while Units have seen a 132.97% increase. As at 30 November 2025:
- The median value for Houses in Woree is $622,540 while the median value for Units is $321,404.
- Houses have a median rent of $480 while Units have a median rent of $425.
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