Back 7/217 Spence St
Off Market

7/217 Spence St

Bungalow QLD 4870

1
1
1
52 m²
Unit
Last sold for $267,500
Matthew FilipMatthew Filip, last sold this property on 07 October 2025 after 42 days on market.

Overview

STUNNING STARTER IN PRIME POSITION – JUST MINUTES WALK TO THE CITY

Welcome to this practical, low-maintenance one-bedroom unit in beautiful Bungalow, where comfort and convenience blend effortlessly. Situated just 15 minutes walk from Cairns CBD, this apartment offers comfortable living on a seamless floorplan. Suitable for first-time buyers, downsizers, or savvy investors, this sensational starter is perfect for any buyer who appreciates value and is a must inspect. Features: - Top floor location offering spacious balcony area with cool breezes - Generous bedroom with built in robe - Seamless open plan living and dining - Sleek tiled flooring - Convenient kitchen offering ample storage - Gated complex with secure undercover parking - Generous bathroom with laundry included - Amplimesh security screens - Sparkling swimming pool with great entertaining areas - Split-system air-conditioning - Excellent returns for investors - Prime location just minutes to Cairns CBD THE FACTS: - Council rates - Approx. $3,200 per year. - Body corporate fees - Approx. $4,125 per annum - Rental appraisal - Approx. $390 - $410 per week depending on availability - Number of dwellings in complex - 12 Being perfectly located close to all amenities, shops, schools, parks, public transport and walking distance to Cairns CBD, this one is too good to miss. Best move quickly. Contact Matthew Filip on 0437 543 420. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
52 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 7/217 Spence St is $250.5k.

Median value
$250.5k
Estimated value range
$162k - $300k
Median days on market
36
Estimated value trend
11%
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 7/217 Spence St

2025
Rented
Undisclosed
Leased on 23 Oct 2025 by Twomey Schriber Property Group
2025
Sold
$267,500
07 Oct 2025 by Matthew Filip, of Twomey Schriber Property Group
2021
Sold
$154,000
Private Sale/Treaty on 16 Oct 2021 by Daniel Sheehan, of Property4you

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, 7 one-bedroom units similar to 7/217 Spence St, have been sold.

This represents a 100% decrease in one-bedroom units sales when compared to the previous 12 months.

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