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6/217-219 Spence Street, Bungalow$340,000
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6/217-219 Spence Street

Bungalow, QLD 4870, Australia
$340,000
1 bed 1 bath 1 car52 m²

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About this property

Positioned within a secure, gated complex of just 12 residences, this ground floor apartment offers low maintenance living with immediate access to lifestyle and convenience. Overlooking the complex pool and set within easy walking distance to Cairns Central Shopping Centre, this is a smart entry point, city base, or investment opportunity. The layout is simple and functional, with open-plan living, a well-appointed kitchen, and a generous bedroom. Being on the ground floor adds everyday ease, with no stairs and direct access to outdoor areas and shared facilities. Recently refreshed throughout, the unit has just been painted and updated with new blinds and curtains, new ceiling fans, and new taps. The complex itself was repainted approximately four years ago, adding to the overall presentation and long-term appeal. Currently vacant and ready to move into or lease out, the property offers flexibility for both owner-occupiers and investors looking to secure a well-located asset. Property highlights: One bedroom, one bathroom, one car space Ground floor position overlooking the pool Secure, gated complex of 12 units Open-plan living with low maintenance design Freshly painted internally New blinds and curtains New ceiling fans and taps Complex repainted approx. 4 years ago Masonry block construction with Colorbond roof Electric oven, cooktop and hot water system NBN Fibre to the Building (FTTB) Financials: Council rates approx. $1,633.45 per half year Body corporate approx. $1,031.25 per quarter Water approx. $49.38 per quarter Rental estimate $347 to $415 per week Set in a convenient city-fringe location with shops, transport and amenities close by, this is a practical, easy-care property with strong long-term appeal.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
52 m²
Listed
2 months ago

Repayment calculator

$1,648/month
$824 /fortnight
Loan $272,000 at 6.10% over 30 years

Upfront costs

Deposit$68,000
Stamp duty$10,325
Conveyancing (est.)$2,000
Total upfront$80,325
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bungalow

This 1-bedroom apartment in Bungalow, QLD 4870 sits within reach of public transport, local shops local amenities. It is listed 47% below the $639,000 median of 64 comparable apartmentswithin 5 km.

What's nearby

  • Aumuller St at Spence St (Portsmith) (bus)158 m away
  • A1 Mechanical servicing and repairs308 m away
  • Etta Green Park174 m away
  • Unnamed241 m away
  • Unnamed246 m away

Bungalow at a glance

Full suburb profile
Population
2,358
Median age
38
Household income
$1,121/wk
Median rent
$270/wk
Median mortgage
$1,371/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Bungalow price trend

Median sold · Unit 1 bed

Compound growth +18.9% / yr over 4 yrs

$268kcurrent median

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