OFF MARKET

17 The Cove
Nelly Bay QLD 4819

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 636m2
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Property Details for 17 The Cove, Nelly Bay

17 The Cove, Nelly Bay is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Land Size
636m2
Local Government
Townsville City
Lot/Plan
27/SP148255

Last Listing description (March 2018)

This waterfront block within the Magnetic Marina boasts its own 12m private pontoon so you can sail right up to your front door. On 'The Cove', with quality architect-designed homes in the street, this block would be considered one of the best with its aspect offering spectacular views across the water to the twinkling lights of Townsville as well as down the Nelly Bay beach and to the beautiful granite boulder and hoop pine covered hills of the island.
Just an easy short walk brings you to shops, cafes, restaurants, the school and the ferry terminal. Within a ten minute drive are several gorgeous beaches and bays, great fishing spots, National Park walking trails, golf club, horse-riding and more.
The Cove is filling up fast and waterfront land is becoming a sought-after commodity on Magnetic Island with people choosing to hold rather than sell. Get in quick or you may regret it in the future!

Property Code: 725

Property History for 17 The Cove, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$460,000
14 Jan 2018
  • 14 Jan 2018
    Sold for $460,000
  • 12 Dec 2017
    Listed for Sale $475,000
  • 07 Aug 2015
    Listed for Sale $1,395,000
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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 36 properties listed for sale, and 5 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 87 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.