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Back 4/5 Nelson St
Off Market

4/5 Nelson St

Bungalow QLD 4870

1
1
2
46 m²
Unit
Last sold for $305,000
Luke BantoftLuke Bantoft, last sold this property on 05 May 2026 after 50 days on market.

Overview

Ideal Investment or Easy Living - Ground Floor 1-Bedroom Apartment

Positioned in a small, well-maintained complex, this ground floor 1-bedroom apartment offers a fantastic opportunity for investors or first-home buyers seeking an affordable entry into the market. Enjoy the convenience of easy access with no stairs, a functional layout, and the added benefit of an allocated car space. The property is currently tenanted at $390 per week, providing immediate rental income for savvy investors. With low body corporate levies and a boutique complex setting, this apartment offers excellent value and strong long-term appeal. Property features include: Spacious 1-bedroom apartment Ground floor position for easy access Allocated off-street car space Small, quiet complex Low body corporate fees Currently rented at $390 per week Solid investment with steady returns Whether you're expanding your investment portfolio or looking for a low-maintenance home in a convenient setting, this property is one not to miss.

Features

1 bedroom
1 bathroom
2 carspaces
1 carport space
1 garage space
46 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Bungalow over the last 12 months, the estimated median property value of 4/5 Nelson St is $256k.

Median value
$256k
Estimated value range
$162k - $305k
Median days on market
36
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bungalow. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/5 Nelson St

2026
Sold
$305,000
05 May 2026 by Luke Bantoft, of Ray White Cairns
2025
Rented
Undisclosed
Leased on 24 Feb 2025 by Ray White Cairns
2024
Rented
Undisclosed
Leased on 14 Feb 2024

Happy sellers in Bungalow

93%
93% of sellers in Bungalow reported that their sale price either exceeded or met their price expectations.

Bungalow stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Bungalow over the last 12 months.

Local market activity for 1 bedroom units in Bungalow

In the last 12 months, 6 one-bedroom units similar to 4/5 Nelson St, have been sold.

This represents a 40% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Bungalow

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Karl Latham

Sellers who recommend Karl Latham have praised them for being clear communication, local expert, responsive, supportive, reliable, well-prepared and friendly

  •   4.9   (579 reviews)
  •  3 Reviews in Bungalow
  •  2 Sales in Bungalow
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Zoe Wicks

Sellers who recommend Zoe Wicks have praised them for being clear communication, local expert, friendly, responsive, supportive, well-prepared and great negotiation

  •   4.9   (246 reviews)
  •  2 Reviews in Bungalow
  •  3 Sales in Bungalow
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Alexie Aristides

Sellers who recommend Alexie Aristides have praised them for being clear communication, local expert, responsive, well-prepared, friendly, stress-free process and supportive

  •   4.9   (119 reviews)
  •  2 Reviews in Bungalow
  •  2 Sales in Bungalow
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Kaine Rowe

Kaine Rowe is a recommended agent for Bungalow.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (219 reviews)
  •  3 Reviews in Bungalow
  •  2 Sales in Bungalow
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