13 Allan Street, Bungalow QLD 4870
Renovated Queenslander with Dual-Living Flexibility in a Quiet City-Fringe Location
Originally a site for large-scale sugar cane cultivation, the area transitioned into a residential and light industrial hub as Cairns expanded south. During WWII, its proximity to the rail lines made it a critical logistical support zone for the Allied forces.
Today, Bungalow is a functional mix of traditional high-set Queenslanders, low-rise unit blocks, and extensive light industrial and commercial showrooms.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Bungalow serves as the engine room for Cairns trade services while providing the city's most affordable inner-ring housing. It is a transition zone where residential utility meets commercial necessity.
$460k – $720k
$220k – $380k
12-month movement
Current asking rents
Prices have remained resilient due to the extreme shortage of rental stock in Cairns, though growth lags behind the more prestigious northern suburbs.
Price comparison
Median price ÷ median income
Estimated rental yield
Bungalow remains one of the few suburbs where a median-income household can realistically purchase a detached house within 5 minutes of the CBD.
Lower = tighter market
Avg time on market
Annual rental increase
Low-to-middle income workers, tradespeople, and CBD service staff.
Strong cash flow is the primary drawcard. Investors should focus on properties with security features and flood-resilient construction to minimize long-term maintenance costs.
Moderate growth expected as the CBD expands. Bungalow is likely to see more 'adaptive reuse' of industrial sites into trendy commercial or residential lofts.
vs last 12 months
Relative comparison
Prioritize properties with perimeter fencing, security screens, and off-street secure parking. Check the QPS Online Crime Map for specific street-level data.
The primary risks are environmental and social, specifically flooding and property crime, which can impact insurance and long-term capital growth.
High risk; significant portions are within the 1% AEP (1 in 100 year) flood zone. Tidal surge is also a factor.
Negligible risk due to the urban/industrial nature of the suburb.
Expect high premiums. Some insurers may decline flood cover for specific low-lying addresses.
Flood Hazard, Airport Environs (Noise), Heritage (select streets)
Mulgrave Road corridor for commercial/residential mixed-use.
Zoning often allows for higher density or home-based businesses, providing flexibility for owners.
Excellent bus connectivity along Mulgrave Road and easy access to the Bruce Highway.
High; proximity to Cairns Central, showgrounds, and numerous hardware and trade stores.
Poor; limited local green space, though the Esplanade is a 5-minute drive away.
Average; Cairns West State School is the local catchment, with Trinity Bay SHS nearby.
Excellent; 5-minute drive to Cairns Hospital and Cairns Private Hospital.
A diverse, working-class population with a high percentage of single-person households and renters.
The high rental population ensures a liquid rental market but can lead to less community cohesion compared to owner-occupier dominated suburbs.
Infrastructure focus is on the Cairns Health and Innovation Precinct and Mulgrave Road upgrades.
Residents value the extreme convenience and affordability but express ongoing concerns regarding security and the lack of family-friendly amenities.
I can walk to work and the pub, but the trucks on Mulgrave Road never seem to stop.
It was the only place I could afford a house with a yard so close to the city. I've spent a lot on security, but I love my Queenslander.
The rental demand is insane. I've never had a vacancy longer than a week in five years.
Got tired of the opportunistic theft from my carport. Moved further north for a quieter life.
All the suppliers are right here. It's the most practical suburb in Cairns for anyone in the trades.
Great for getting to the CBD for work, but it doesn't really feel like a 'neighborhood' because of all the warehouses.
Position the property as a high-yield investment or a strategic 'land bank' opportunity with character appeal, emphasizing its unbeatable proximity to the CBD.
Bungalow offers some of the highest gross yields in Cairns for detached housing.
High maintenance costs for older timber homes and potential for flood damage.
Very close to CBD jobs and major shopping.
Noise from industrial neighbors and potential for property theft.
Ensure all smoke alarms are interconnected and compliant with QLD 2022 legislation.
Focus on 'Inner-City Value' and 'High Yield Potential'.
Budget-conscious first home buyers and yield-hungry southern investors.
This report is based on data available as of 2026-03-31. It is intended for informational purposes only and does not constitute financial, legal, or professional real estate advice. Buyers should conduct their own independent inquiries and consult with qualified professionals before making any property purchase.
Now
Before
Renovated Queenslander with Dual-Living Flexibility in a Quiet City-Fringe Location
Buy One or Secure Both - Rare Dual Lot Opportunity in Bungalow
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