FOR SALE
$350,000

3/106 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2890m2
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2890m2 bush block with seasonal creek

Located in peaceful 'Island Hideaway', lot 3 is an easily accessible block with a good clear area to the front and bush block over the creek to the rear.
Gustav Creek is a beautiful creek when there has been prolonged rainfall, at other times it is mostly dry or just a small trickle so easy to cross, and although you are unlikely to develop anything substantial on the bush block, it's a lovely area to have and can be used for veggie gardens etc.
Town water and power are available. 'Island Hideaway' is a private estate of 18 properties with minimal body corp fees of approx $520 p.a. and council rates approx $2150 p.a.
Contact Alex for further information.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 1630

Property Details for 3/106 Mandalay Ave, Nelly Bay

Building Type
Land
Land Size
2890m2

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About Nelly Bay 4819

The size of Nelly Bay is approximately 4.7 square kilometres. It has 5 parks covering nearly 52.3% of total area. The population of Nelly Bay in 2011 was 1,054 people. By 2016 the population was 1,216 showing a population growth of 15.4% in the area during that time. The predominant age group in Nelly Bay is 50-59 years. Households in Nelly Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nelly Bay work in a professional occupation. In 2011, 58.9% of the homes in Nelly Bay were owner-occupied compared with 57.1% in 2016.

Nelly Bay has 1,412 properties. Over the last 5 years, Houses in Nelly Bay have seen a 91.28% increase in median value, while Units have seen a 35.83% increase. As at 30 November 2024:

  • The median value for Houses in Nelly Bay is $679,186 while the median value for Units is $448,973.
  • Houses have a median rent of $550 while Units have a median rent of $455.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Nelly bay.

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Alex Strens
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Best of Magnetic Real Estate - MAGNETIC ISLAND
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