Back 9/553 Mulgrave Rd
Off Market

9/553 Mulgrave Rd

Earlville QLD 4870

2
1
1
60 m²
60 m²
Unit
Last sold for $303,000
Natasha Whalley-ThompsonNatasha Whalley-Thompson, last sold this property on 27 August 2026 after 80 days on market.

Overview

Offers Over $299,000 | Affordable Entry. Secure Income. Outstanding Long-Term Potential.

Property at this price point are becoming increasingly difficult to secure, particularly in one of Cairns' most convenient and consistently sought-after suburbs. Whether you're looking to start your investment journey or expand your portfolio, this is the type of property that makes sound financial sense. Currently leased at $385 per week until June 2027, this ground-floor apartment offers immediate, reliable rental income from settlement, allowing you to invest with confidence while benefiting from a quality tenant already in place. Positioned within walking distance of Stockland Earlville Shopping Centre, schools, medical facilities, public transport and only minutes from the Cairns CBD, the location continues to attract strong tenant demand and provides the fundamentals investors seek for long-term capital appreciation. Inside, the apartment offers two generous air-conditioned bedrooms, an open-plan living and dining area, a practical kitchen and a private fenced courtyard, creating an appealing home for tenants who value space, privacy and convenience. Investment Highlights • New Price - Offers Over $299,000 • Currently returning $385p/w • Fixed lease in place until June 2027 • Strong tenant appeal in a high-demand rental location • Ground-floor position with private courtyard • Walking distance to Stockland Earlville Shopping Centre • Minutes to the Cairns CBD, hospitals and major amenities • An affordable entry into a suburb with proven long-term demand and excellent growth fundamentals. Whether you're searching for your first investment or another quality addition to your portfolio, this is an opportunity to secure a well-positioned asset with immediate income and excellent prospects for future growth. Do the numbers...this one stacks up!!!! At Offers Over $299,000, opportunities like this are becoming increasingly rare!

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
60 m² floor area
60 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Earlville over the last 12 months, the estimated median property value of 9/553 Mulgrave Rd is $365k.

Median value
$365k
Estimated value range
$285k - $505k
Median days on market
26
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Earlville. 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 9/553 Mulgrave Rd

2026
Sold
$303,000
27 Aug 2026 by Natasha Whalley-Thompson, of Ray White Cairns
2021
Rented
Undisclosed
Leased on 22 Jun 2021 by Ray White Cairns
2020
Sold
$125,000
Private Sale/Treaty on 15 Jun 2020 by Rose Baker, of Ray White Cairns South

Happy sellers in Earlville

95%
95% of sellers in Earlville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 11 reviews in Earlville over the last 12 months.

Local market activity for 2 bedroom units in Earlville

In the last 12 months, 12 two-bedroom units similar to 9/553 Mulgrave Rd, have been sold.

This represents a 83% decrease in two-bedroom units sales when compared to the previous 12 months.

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