Back 8 Madigans Drive
Off Market

8 Madigans Drive

Mount Sheridan QLD 4868

4
2
2
432 m²
House
Last sold for $680,000
David Galloway-PenneyDavid Galloway-Penney, last sold this property on 11 July 2025 after -35 days on market.

Overview

OFF-MARKET - Forest Gardens Investment

DISTINCT Tucked away in popular Forest Gardens, this solid Dixon Homes build sits on an elevated, low-maintenance allotmentperfect for easy living. With parks and shopping centres just minutes away, the location is ideal for families or professionals alike. The home offers a relaxed, functional layout with everything you need for comfortable day-to-day living. Whether you're looking to settle in or invest, this property is a smart choice, offering a strong rental yield in one of Cairns' most in-demand suburbs. A great mix of comfort, convenience, and long-term potential. THE FACTS - Positioned on an elevated 432m² allotment - Quality lowset block home built by renowned Dixon Homes - Four bright, air-conditioned bedrooms with built-in wardrobes - Spacious master suite featuring a walk-in robe and private ensuite - Main bathroom includes a bathtub, walk-in shower, and separate toilet - Open-plan and air-conditioned living and dining area flowing seamlessly to a covered patio - Well-appointed kitchen with electric appliances and a walk-in pantry - Double lock-up garage with convenient internal access - Internal laundry with ample storage space - Additional features: Solar power system, solar hot water, fully screened, and a fully fenced backyard - Year built: 2004 - Council rates: Approx. $3,100 / year - Rental appraisal: $700 / week (Currently tenanted until August 2025)

Features

4 bedrooms
2 bathrooms
2 carspaces
432 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mount Sheridan over the last 12 months, the estimated median property value of 8 Madigans Drive is $767k.

Median value
$767k
Estimated value range
$520k - $1.25m
Median days on market
27
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Sheridan. 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 8 Madigans Drive

2025
Sold
$680,000
Private Sale/Treaty on 11 Jul 2025 by David Galloway-Penney, of Champions In Real Estate

Happy sellers in Mount Sheridan

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

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

This is based on voluntary sentiment collected from 20 reviews in Mount Sheridan over the last 12 months.

Local market activity for 4 bedroom houses in Mount Sheridan

In the last 12 months, 70 four-bedroom houses similar to 8 Madigans Drive, have been sold.

This represents a 9% increase in four-bedroom houses sales when compared to the previous 12 months.

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