OFF MARKET

88/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 67m2
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Property Details for 88/61-79 Mandalay Ave, Nelly Bay

88/61-79 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 67m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
1975
Land Size
67m2
Local Government
Townsville City
Lot/Plan
88/GTP103862

Last Listing description (June 2007)

Sensational Investment Opportunity!
Invest or move in, this unit has lots of space and is situated within a resort complex set on 10 acres of tropical landscaped gardens. As owner you get to use the facilities which include gym, tennis courts, pool, children's playground, restaurant and bar. Enjoy all what Magnetic Island's relaxed lifestyle has to offer, secluded beaches, National Park which covers approximately 5,000 hectares with its 24 kilometres of walking tracks. This unit is minutes from the beach, make use of the courtesy bus provided. Magnetic island is approximately 8 kilometres off the coast from Townsville. This unit offers the best of both worlds, just move in or indulge yourself for a holiday then rent out for the rest of the year. Open breezy living areas and spacious veranda's capture the essence of island living, or that special retreat. Over 20 bays with 16 beaches fringe the island, providing a variety of locations from which to admire the pristine surroundings. Warm waters, clear blue skies and pristine beaches create a tranquil environment that soothes all who enjoy it. The Island is also renowned for its variety of water sports and other activities including:-
Patrolled beaches ,Water Sports, Jetskiing, Scuba Diving, Barrier Reef Trips, Fishing, Koala Park, Horse Riding, Bush Walking, Bus and 4WD Tours, Boat Tours, Golf and Lawn Bowls.

Property History for 88/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$40,200
10 Oct 2017
  • 10 Oct 2017
    Sold for $40,200
  • 22 Oct 2009
    Sold for $165,000
  • 30 Aug 2008
    Sold for $87,000
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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 1,411 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 35 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.