18 The Cove, Nelly Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 644m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Experience the epitome of island living with this luxury waterfront home featuring 20m of water frontage, uninterrupted views, and a private 12m deepwater pontoon. This is a premium harbourside property in one of tropical Magnetic Island's most prestigious streets near beaches, restaurants, and only an 800m walk to the ferry terminal. The Cove is an exclusive cul-de-sac enjoying direct access to Nelly Bay Harbour and the open waters beyond. Paradise awaits.
Luxury single-level home built in 2017 and awarded winner of the 2018 HIA Award for Internal Cabinetry
Includes a media room and an undercover alfresco terrace with an outdoor kitchen comprising of a built-in plumbed gas bbq, a dishwasher and wine fridge
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 86.50% increase in median value, while Units have seen a 80.00% increase. As at 30 September 2024:
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