OFF MARKET

1 Lilac Street
Nelly Bay QLD 4819

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 1611m2
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Property Details for 1 Lilac St, Nelly Bay

1 Lilac St, Nelly Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1611m2 and floor size of 99m2.

Building Type
House
Floor Size
99m2
Land Size
1611m2
Local Government
Townsville City
Lot/Plan
1/RP743719

Last Listing description (January 2009)

LARGE BLOCK WITH HOME ON MAGNETIC ISLAND
AN OPPORTUNITY KNOCKS TO LIVE ON MAGNETIC ISLAND. THE HOME SET ON THIS LARGE 1611 M2 CORNER BLOCK IS AN IDEAL LOCATION ON THE MAIN STREET IN THE ISLAND. THIS IS IDEAL FOR SOME ONE TO BUY THIS LARGE OLD HOME KNOCK IT DOWN AND BUILD SOMETHING NEW. BEING A CORNER PLOT IS ADVANTAGEOUS. OPPOSITE THE HOME IS THE RESERVE LEADING ON TO THE WATER FRONTAGE. THIS IS SURE TO SUIT AN INVESTOR WHO HAS A VISION AND WANTS TO CAPITALIZE ON THE GROWTH AND DEMAND FOR ISLAND LIVING.
THE HOME COMES WITH HISTORY AND PLENTY OF FRUIT TREES, INCLUDING SOME EXOTIC TYPES WHICH HAVE BEEN APPRECIATED BY THE OWNERS AND THE NEIGHBORS FOR SEVERAL YEARS. STONE THROW AWAY FROM THIS 3 BEDROOM IS THE SEA AND AS A RESULT OF WHICH THERE IS PLENTY OF BREEZE THAT COMES THROUGH THE HOME. THE HOME ALSO COMES WITH A CONICAL BBQ AREA WHICH THE CURRENT TENANT SAYS IS THE ''BEST PLACE'' TO PARTY. THE CURRENT OWNER HAS ENJOYED MANY NOSTALGIC MEMORIES AND HAS RELOCATED TO LIVE WITH THE GRAND KIDS.

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Property History for 1 Lilac St, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
  • 29 Nov 2008
    Listed for Sale 800000

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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 1,411 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 5 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Nelly bay.

Suburb Insights for Nelly Bay 4819

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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.