7/516 Varley Street

Off Market

7/516 Varley Street

Yorkeys Knob QLD 4878

123 m²

Apartment

Last sold for $520,000

Daniel Gibbs, last sold this property on 31 July 2026 after 44 days on market.

Overview

Fully Furnished Apartment with Immediate Rental Return

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.

Features

2 bedrooms

2 bathrooms

1 carspace

123 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Yorkeys Knob over the last 12 months, the estimated median property value of 7/516 Varley Street is $500.25k.

Median value

$500.25k

Estimated value range

$360k - $670k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Yorkeys Knob. 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 7/516 Varley Street

2026

Sold

$520,000

Private Sale/Treaty on 31 Jul 2026 by Daniel Gibbs, of Inspire Real Estate Cairns

2026

Rented

Undisclosed

Leased on 13 Jan 2026 by Inspire Real Estate Cairns

2024

Sold

Undisclosed

Private Sale/Treaty on 03 Jun 2024 by Nick Pelucchi, of LJ Hooker Cairns Beaches

Happy sellers in Yorkeys Knob

92%

92% of sellers in Yorkeys Knob reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 40 reviews in Yorkeys Knob over the last 12 months.

Local market activity for 2 bedroom apartments in Yorkeys Knob

In the last 12 months, 21 two-bedroom apartments similar to 7/516 Varley Street, have been sold.

This represents a 37% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Yorkeys Knob for a free market appraisal.

Nick Pelucchi

at LJ Hooker Cairns Beaches

4.9

(218 reviews)

Get a free market appraisal

Susan Cooper

at Ray White Cairns

4.8

(66 reviews)

Get a free market appraisal

Karl Latham

at Twomey Schriber Property Group

4.9

(606 reviews)

Get a free market appraisal

Pauline Humphries

at Twomey Schriber Property Group

(151 reviews)

Get a free market appraisal

Nearby agents

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

Nick Pelucchi

Sellers who recommend Nick Pelucchi have praised them for being local expert, clear communication, friendly, well-prepared, responsive, honest and reliable

4.9 (218 reviews)
14 Reviews in Yorkeys Knob
19 Sales in Yorkeys Knob

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Susan Cooper

Sellers who recommend Susan Cooper have praised them for being local expert, clear communication, reliable, well-prepared, great negotiation, responsive and supportive

4.8 (66 reviews)
4 Reviews in Yorkeys Knob
4 Sales in Yorkeys Knob

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Karl Latham

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

4.9 (606 reviews)
6 Reviews in Yorkeys Knob
4 Sales in Yorkeys Knob

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Pauline Humphries

Sellers who recommend Pauline Humphries have praised them for being local expert, clear communication, responsive, friendly, honest, supportive and reliable