OFF MARKET

181/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 40m2
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Property Details for 181/61-79 Mandalay Ave, Nelly Bay

181/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 40m2 and floor size of 66m2.

Building Type
House
Year Built
1975
Floor Size
66m2
Land Size
40m2
Local Government
Townsville City

Last Listing description (August 2017)

Imagine owning a sub-tropical island retreat on beautiful Magnetic Island just a 20 minute ferry ride from the bustling City of Townsville. Here is your opportunity. Choose this well positioned, and well maintained unit and you can begin to explore this renowned Great Barrier Reef region with its pristine, sandy and secluded beaches, and sparkling turquoise waters.
Enjoy an array of exciting group activities, including a full range of water sports, all within easy access of the resort, choose to explore Magnetic Island National Park and meet the island s wildlife in their natural habitat or relax and enjoy the resort s ideal on-site facilities, including the Hollywood style swimming pool, or lawn tennis courts. Fire up the resort s popular barbeque facility, or dine in the soon-to-be-open Venetian-style restaurant and bar. The choice is yours.
Motivated vendors are looking for a quick sale of this spacious one bedroom unit, and are negotiable. This is an opportunity to secure a holiday home which can also yield an income. Have it pay for itself when your family are not planning to stay.

The same owner has an executive bedsit unit (not advertised), for which he is willing to accept $35,000.
Call, text or email Katya to arrange your inspection on 0414 444 711, or katya.louca@elderstsv.com.au

Property History for 181/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
  • 15 May 2017
    Listed for Sale FOR QUICK SALE $55,000
  • 22 Aug 2011
    Listed for Rent $220 / week

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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.