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6/261-265 Sheridan Street, Cairns North, QLD, 4870

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Asking Price

$170,000

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On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.

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1 Beds1 Baths1 Cars
Land: 1,820 m2
Floor: 30 m2

Property overview

This 1-bedroom apartment at 6/261-265 Sheridan Street in Cairns North, QLD 4870 is listed at $170K, with 1 bathroom and parking for 1. It offers 30 m2 of internal living space. The median unit price in Cairns North is $450K. Council data records flood overlay on the site. There are 19 schools within roughly 5km, and the area scores 11 for walkability and 42 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $170,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Latest price change

Listed at $170,000

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Unusually high yield

Investment Score

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Cairns North at a glance

Unit market signals | QLD 4870

Full suburb profile

Median

$450K

Market signals

To CBD

1391 km

Flood zone

Est. Valuation

$149,214

Potential Sell Price

Est. Rent/wk

$353

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 62% below suburb median
Suburb grew +15.7% last year
Vacancy rate 0.5%
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

From the listing description

Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.

Granny flat / dual-living potential
Zoned to complex Read more Property

Total Cost to Purchase

Purchase Price
$170,000
Stamp Duty (Queensland)
$4,375
Transfer/Registration Fee
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$177,275

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Medium Density
Listed
Last Updated
Postcode
4870

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