Cheap as chips for this fisho’s de­light

The Weekend Post - Real Estate - - Front Page - BIANCA KEE­GAN

which is an owner-oc­cu­pier and you can fish from the rear of the prop­erty.

“You don’t have to be in Blue­wa­ter (at Trin­ity Park).”

The char­ac­ter home on Dil­lon St was listed last week and is within walk­ing dis­tance to schools, shop­ping precincts and pub­lic trans­port.

“It’s not far from Cazalys and it is on a no-through road,” Mr Coates said.

“Itispricedinth­elow $300,000s be­cause it’s a two- bed­room house ... you are mar­ket­ing to a spe­cific group – a small fam­ily or some­one down­siz­ing.”

Mr Coates said the owner was a Cairns man who was sell­ing his ex­cess prop­er­ties to fund a new prop­erty pro­ject.

“He has had it as an in­vest­ment for close to 10 years.

“He’s now mov­ing onto his next pro­ject.”

The house rents for about $ 370 a week and was built in the 1980s.

“It’s a prop­erty that can be ex­panded on very eas­ily and it has got park­lands next door so it’s ideally lo­cated.”

Ac­cord­ing to CoreLogic RP Data, Bun­ga­low has a me­dian house sale price of $355,000 and has ex­pe­ri­enced a 30 per cent rise in me­dian price in the past three years.

The sub­urb has the third­cheape s t me d i a n p r i c ed u n i t s i n t h e Fa r Nor t h a t $ 135,750, fol­low­ing Woree and Mis­sion Beach.

‘WA­TER­FRONT VIEWS’: This prop­erty at 17 Dil­lon St, Bun­ga­low, is for sale in the low $300,000s.

140 Buchan St, Bun­ga­low, sold on Fe­bru­ary 16 for $390,000.

40 Winkworth St, Bun­ga­low, sold on Jan­uary 29 for $520,000.

199 Buchan St, Bun­ga­low, sold on Fe­bru­ary 3 for $470,000.

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