7/40 Magnus StreetNelson Bay NSW 2315
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GREAT LOCATION - CLOSE TO TOWN
Property Details for 7/40 Magnus St, Nelson Bay
7/40 Magnus St, Nelson Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for rent with LJ Hooker Nelson Bay.
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About Nelson Bay 2315
The size of Nelson Bay is approximately 15.8 square kilometres. It has 24 parks covering nearly 56% of total area. The population of Nelson Bay in 2011 was 5,396 people. By 2016 the population was 5,811 showing a population growth of 7.7% in the area during that time. The predominant age group in Nelson Bay is 60-69 years. Households in Nelson Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson Bay work in a trades occupation. In 2011, 61.4% of the homes in Nelson Bay were owner-occupied compared with 63.6% in 2016.
Nelson Bay has 6,061 properties. Over the last 5 years, Houses in Nelson Bay have seen a 63.78% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:
- The median value for Houses in Nelson Bay is $1,011,265 while the median value for Units is $725,965.
- Houses have a median rent of $570 while Units have a median rent of $500.
Suburb Insights for Nelson Bay 2315
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