3/108 Windarra Street, Woree QLD 4868

3/108 Windarra Street, Woree QLD 4868
Two-story courtyard flat | 74mยฒ on 110mยฒ lot | School catchment location | Air conditioning and carport This property offers a rare configuration in Woree: a two-story flat with private courtyard and fully fenced yard on a 110mยฒ lot, which is uncommon for apartments in this price bracket. The built-in robes and air conditioning add practical liveability. For a first-home buyer or investor seeking a low-maintenance house alternative with outdoor space, this unit provides a stronger position than typical single-level flats. Its location within Woree State School and High School catchment supports steady tenant demand. The main risk is the pending offer at $209,000 versus an estimated value of $370,000, which signals either a distressed sale or condition issues not disclosed. The buyer should verify why the gap exists. No flood or bushfire overlay reduces insurance cost risk. NBN and 5G coverage support modern living. This property suits a buyer who can hold through a short settlement period and treat it as a long-term hold in a growing Cairns corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/108 Windarra Street, Woree QLD 4868
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Market Insight:

Woree presents a compelling investment proposition within the Cairns region, driven by strong demand from interstate and local investors attracted to its relative affordability and high rental yields. The market is characterised by exceptionally tight conditions, with low inventory and rapid sales fuelling significant recent price appreciation. Future growth is underpinned by a tourism-driven population rebound and persistent regional housing shortages, though this same supply constraint presents a key risk, with new developments still years from alleviating the pressure on affordability.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

110mยฒ

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