FOR SALE
$450,000

5 Kelly Street
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Potential plus

There's so many options with this property:
Purchase the 'liveable' shed on 1012m2 and enjoy as a comfortable weekender, ideal to lock up and leave, with space to add a dwelling, further storage, a pool and more.
The additional 1008m2 elevated land to Warboys St is also for sale for $520,000 and enjoys water views.
Zoned Medium Density Residential, there's the option of significant further development when combining the two lots to a 2020m2 large block in a prime location, just steps from the beach and a few minutes walk to shops, cafes, restaurants, medical facilities, school, marina and boat ramp.
Contact Alex to arrange a private inspection by appointment.
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: 1625

Property Details for 5 Kelly St, Nelly Bay

5 Kelly St, Nelly Bay is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Best of Magnetic Real Estate - MAGNETIC ISLAND.

Building Type
House
Land Size
1012m2

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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 1,410 properties. Over the last 5 years, Houses in Nelly Bay have seen a 86.53% increase in median value, while Units have seen a 420.53% increase. As at 31 October 2024:

  • The median value for Houses in Nelly Bay is $657,220 while the median value for Units is $435,097.
  • Houses have a median rent of $550 while Units have a median rent of $575.
There are currently 35 properties listed for sale, and 3 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.

Suburb Insights for Nelly Bay 4819

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Alex Strens
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Best of Magnetic Real Estate - MAGNETIC ISLAND
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.