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QLD › Bungalow › Spence St

13/164-172 Spence St, Bungalow QLD 4870

For saleUnit

For sale

For sale

2

Bedrooms

2

Bathrooms

1

Car spaces

89 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 22 June 2026)
  • FactLand 89 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

No recorded sale price for this property yet.

Bungalow at a glance

2,448

People

$700,000

Median sale

$495/wk

Median rent

3.68%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Bungalow report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listedprice unknownavailable22 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $495/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bungalow in one glance

Bungalow at a glance

2,448

People

$700,000

Median sale

$495/wk

Median rent

3.68%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Bungalow report →

Keep researching

  • Why Bungalow? Read the area thesis →
  • What else is on the market in Bungalow →
  • Other records on Spence St →

Listing material

Listed by Twomey Schriber Property Group

Live, Holiday or Invest – Income-Producing Resort Apartment "Focus on Spence"

Positioned within a secure and beautifully maintained resort-style complex of just 48 residences, this ground floor apartment presents an exceptional opportunity for both owner occupiers and investors seeking convenience, comfort and lifestyle.

Ideally located within easy walking distance to the Cairns CBD, Cairns Central Shopping Centre and the Esplanade, enjoy the benefits of low-maintenance living in one of Cairns' most convenient locations.

The ground floor position provides effortless access, while the enclosed patio offers a private retreat with direct access to the lush gardens and sparkling resort-style pool-perfect for embracing the tropical lifestyle year-round.

Read the full description

Inside, the apartment offers a generous open plan living and dining area, complemented by built-in wardrobes and split system air-conditioning throughout for year-round comfort. The sought-after south-easterly aspect captures natural light while avoiding the harsh afternoon sun.

Currently operating as a successful Airbnb accommodation, the property presents an attractive opportunity for investors seeking immediate income potential. Historical financial information is available upon request, with the property having historically generated approximately $30,000 net per annum. Buyers should make their own enquiries regarding future income expectations.

Whether you're searching for a city-fringe home, lock-and-leave lifestyle or secure investment opportunity, this property offers outstanding value in an enviable location.

The Facts

Ground floor position for easy access

Enclosed patio with direct access to gardens and resort-style pool

Spacious open plan living and dining area

Desirable south-easterly aspect with no western afternoon sun

Built-in wardrobes and split system air-conditioning throughout

Easy walking distance to Cairns CBD, Cairns Central and Esplanade

Secure gated complex with onsite management

Tropical resort-style swimming pool

Currently utilised as a successful Airbnb accommodation

Historical financial information available upon request

Historically returning approximately $30,000 net per annum*

Body Corporate Fees: $9,174 per annum

Rates: $3,266 per annum

*Income figures are historical only and should not be relied upon as an indication of future performance.

Contact Giles today to arrange your private inspection and discuss the property's investment potential in more detail. Please note a minimum of 24 hours' notice is required for all inspections.

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.

Listing description written by Giles Lort-Phillips, Twomey Schriber Property Group — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.