36/199-201 Lake Street, Cairns North QLD 4870

1 beds 1 baths 1 cars

Spachus Insights

View Cairns North market
Price position Below suburb median

15.6% below the current suburb median listing price.

Buyer negotiation signal Competitive conditions

The suburb median sold price is $5,000 above the median listing price.

Selling pace Taking longer to sell

30 days typical · Property listed 37 days (23% longer).

Property details

Live, Invest or Holiday Let in the Heart of Cairns

Positioned in the heart of Cairns'' medical and lifestyle precinct, this well presented one bedroom apartment at 201 Lake Street offers an appealing combination of location, flexibility and investment potential. Set within an established complex just moments from the Cairns Esplanade, hospitals and CBD, the property presents options for owner occupiers, permanent rental or short term accommodation, with both residential and holiday letting established within the complex.
1Bedrooms 1Bathrooms 1Car spaces ApartmentProperty type

Cairns North market

Full suburb report
Median listing$480,000
Median sold$485,000
Typical selling time30 days
Tracked sold properties42
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Spachus Property Estimate $360,000 Automated estimate based on available property and market data. Not a formal valuation.
Asking vs estimate +$45,000 12.5% above the Spachus estimate

Property Overview

36/199-201 Lake Street, Cairns North QLD 4870 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. It is currently listed at $405,000. It has been on the market for 37 days. In Cairns North, the median listing price is $480,000 and the median sold price is $485,000. Its current asking price is $75,000 (15.6%) below the Cairns North median listing price. Properties in Cairns North typically sell in around 30 days based on Spachus tracked sales data. It has currently been on the market 7 days longer than the Cairns North typical selling time.

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