7 Lilac StreetNelly Bay QLD 4819
Property Details for 7 Lilac St, Nelly Bay
7 Lilac St, Nelly Bay is a 6 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (September 2021)
Neat as a pin, this well maintained and refurbished duplex unit is a solid investment in the heart of Nelly Bay with a present weekly combined income of $540.
The complex and garage are solid block construction with new or refurbished insulated roofs. The front unit has two bedrooms, air conditioning, large laundry and carport. The rear Unit has three bedrooms and private veranda. Both units have refurbished kitchens and bathrooms, new tiled floors, updated air conditioning, separate internal laundry with access to separated courtyards. A single carport space is attached to Unit 1 and a covered front veranda runs along the front of each unit.
The gardens are well maintained and low maintenance with an enclosed and gated rear yard with garden shed.
Secured leases in place with quiet, respectful and long term island residents.
Concrete driveway and further covered car accommodation leads to the studio garage, fully renovated and tiled throughout which is offered furnished and equipped and perfect for short stays or a great weekender.
Inspections by appointment only.
Property History for 7 Lilac St, Nelly Bay, QLD 4819
- 07 Jun 2021Sold for $530,000
- 11 Jan 2021Listed for Sale SOLD - $530,000
- 14 Oct 2014Listed for Rent - Price not available
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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 1,412 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.
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