OFF MARKET

7 Lilac Street
Nelly Bay QLD 4819

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Floor area: 154m2
Land area: 809m2
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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.

Building Type
Unit
Year Built
1980
Floor Size
154m2
Land Size
809m2
Local Government
Townsville City
Lot/Plan
2/RP716927

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

A timeline of how this property has performed in the market
Last Sold
$530,000
07 Jun 2021
Listed for Rent
$250/w
08 Nov 2014
  • 07 Jun 2021
    Sold for $530,000
  • 11 Jan 2021
    Listed for Sale SOLD - $530,000
  • 14 Oct 2014
    Listed 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 1,406 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.

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.