Home/Properties/Yorkeys Knob/7/516-518 Varley Street
7/516-518 Varley Street, Yorkeys Knob$549,000
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7/516-518 Varley Street

Yorkeys Knob, QLD 4878, Australia
$549,000
2 bed 2 bath 1 car123 m²

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About this property

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 cafés, 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, cafés, 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 Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
123 m²
Listed
4 weeks ago

Repayment calculator

$2,662/month
$1,331 /fortnight
Loan $439,200 at 6.10% over 30 years

Upfront costs

Deposit$109,800
Stamp duty$17,730
Conveyancing (est.)$2,000
Total upfront$129,530
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 Yorkeys Knob

This 2-bedroom apartment in Yorkeys Knob, QLD 4878 sits within reach of public transport, local shops and nearby schools. It is listed 35% below the $849,000 median of 71 comparable apartmentswithin 5 km.

Schools near Yorkeys Knob

  • Yorkeys Knob State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Varley Street at Rutherford Street (bus)135 m away
  • Yorkeys Knob Bottlemart247 m away
  • Best Street Reserve38 m away
  • Old School Park199 m away
  • Unnamed490 m away

Yorkeys Knob at a glance

Full suburb profile
Population
2,794
Median age
46
Household income
$1,234/wk
Median rent
$310/wk
Median mortgage
$1,357/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Yorkeys Knob price trend

Median sold · Unit 2 bed

Compound growth +11.7% / yr over 4 yrs

$468kcurrent median

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