OFF MARKET

61/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 34m2
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Property Details for 61/61-79 Mandalay Ave, Nelly Bay

61/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 34m2. While the property is not currently for sale or for rent, it was last transferred in December 2011.

Building Type
Unit
Year Built
1975
Land Size
34m2
Local Government
Townsville City
Lot/Plan
61/GTP103862

Last Listing description (May 2013)

MAGNETIC ISLAND INVESTMENT
Townsville property is on the move and Magnetic Island Property is moving too, so come and buy your piece of island paradise today.
This fully furnished studio unit is currently tenanted on a fixed term lease agreement at $175 per week. If you think the market will go down any further then think again. Those buyers that know property will wish they had of bought when they could. Come and park your money here.

Set amongst tropical gardens and sparkling in ground pool you are only a brisk five minute walk to ferry terminal and some of the best eating on the island. If you have some spare cash and want to buy some island life then whats stopping you, get in now and don't come crying later when they go up in price.
Body corporate: $6250 approx p.a. (inc. electricity)
Council rates and utilities: $2450 approx p.a.
Please Note: Photographs for illustration purposes only.

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

A timeline of how this property has performed in the market
Last Transferred
$20,000
15 Dec 2011
Listed for Rent
$190/w
09 Jul 2013
  • 09 Jul 2013
    Listed for Rent - Price not available
  • 18 Apr 2013
    Listed for Rent - Price not available
  • 03 Aug 2012
    Listed for Sale $39,000
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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 1,407 properties. Over the last 5 years, Houses in Nelly Bay have seen a 79.13% increase in median value, while Units have seen a 85.65% increase. As at 31 August 2024:

  • The median value for Houses in Nelly Bay is $590,207 while the median value for Units is $408,142.
  • Houses have a median rent of $550 while Units have a median rent of $575.
There are currently 35 properties listed for sale, and 7 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.

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