7/516-518 Varley Street, Yorkeys Knob, QLD 4878 sold on 31 July 2026 | OnTheHouse
SOLD
Sold on 31 Jul 2026 for $520,000

7/516-518 Varley Street
Yorkeys Knob QLD 4878

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 89m2
Land area: 123m2
Sold By
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Inspire Real Estate Cairns
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Property Details for 7/516-518 Varley St, Yorkeys Knob

7/516-518 Varley St, Yorkeys Knob is a 2 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 123m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Yorkeys Knob in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
89m2
Land Size
123m2
Local Government
Cairns Regional
Lot/Plan
7/SP164490

Last Listing description (September 2026)

Positioned in the heart of Yorkeys Knob, this apartment combines comfortable everyday living with the convenience of a secure tenancy already in place until January 2027. Investors can benefit from immediate rental income, while owner-occupiers planning ahead have the opportunity to secure their place in this sought-after coastal community now and move in when the time is right.

Designed for easy living, the apartment features a practical and light-filled floorplan, generous proportions, and a relaxed atmosphere that perfectly complements its beachside location. Enjoy the lifestyle benefits of Yorkeys Knob's cafs, golf course, marina and stunning beachfront, all while remaining within easy reach of Cairns CBD and the airport.

Key Features

- Currently tenanted at $630/week until 28/01/2027 with a strong rental yield
- Two generously sized bedrooms, with built-in robes and box air-conditioning
- Master suite with walk-in wardrobe and ensuite featuring spacious shower
- Main bathroom with bathtub and shower combination plus modern vanity
- Light-filled, open-plan living and dining area with split system air-conditioning
- Modern kitchen with quality appliances, generous storage and bench space
- Private undercover balcony with leafy outlook, perfect for hosting or unwinding
- Fully furnished apartment with quality furnishings, ready to enjoy immediately
- Well-maintained complex with luscious gardens, swimming pool and BBQ facilities
- Minutes from Yorkeys Knob Beach, cafs, shops and public transport
- Body Corporate Fees: $5,400 per annum | Annual Council Rates: $3,266.90

Set within a popular complex just moments from the beachfront, this is an opportunity to secure a quality apartment in one of Cairns' most relaxed coastal suburbs. With long-term tenants already in place and resort-style facilities on offer, this property combines lifestyle appeal with strong investment fundamentals.

For more information or to arrange an inspection contact Daniel Gibbs today on 0432 606 645.

Property History for 7/516-518 Varley St, Yorkeys Knob, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$520,000
31 Jul 2026
Listed for Rent
$300/w
10 Feb 2016
  • 31 Jul 2026
    Sold for $520,000
  • 17 Jun 2026
    Listed for Sale Now Sold by Daniel Gibbs
  • 06 Jan 2026
    Listed for Rent $630 / week
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About Yorkeys Knob 4878

The size of Yorkeys Knob is approximately 11.3 square kilometres. There are 8 parks, covering nearly 3.5% of the total area. The population of Yorkeys Knob in 2016 was 2759 people. By 2021 the population was 2794 showing a population growth of 1.3% in the area during that time. The predominant age group in Yorkeys Knob is 60-69 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation.In 2021, 51.20% of the homes in Yorkeys Knob were owner-occupied compared with 41.80% in 2016.

Yorkeys Knob has 1,886 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 62.06% increase in median value, while Units have seen a 112.63% increase. As at 31 August 2026:

  • The median value for Houses in Yorkeys Knob is $734,424 while the median value for Units is $517,979.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 10 properties listed for rent in Yorkeys knob on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Yorkeys knob.

Suburb Insights for Yorkeys Knob 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.