1-11 Cockle Bay Dr, Picnic Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 3171m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Relax on the deck of this beautifully renovated 3 bedroom holiday home and watch the spectacular sunset over the Coral Sea as the palm trees gently sway in the cool sea breeze. By day, step off the front deck onto the golden sands of the very quiet Cockle Bay beach and paddle your kayak out to the picturesque SS Adelaide wreck nearby or take your tinny out for a spot of fishing. This is the ultimate island beachfront escape.
On 3171m2 of prime beachfront land, there is the opportunity to further develop the block, subject to council approval, with a second dwelling a perfect scenario - live in one and have a guest house for visitors that can be holiday let when you're not using it. The existing home is currently a successful holiday home, appealing to those who really want to get away from it all.
The size of Picnic Bay is approximately 4.1 square kilometres. It has 5 parks covering nearly 77.8% of total area. The population of Picnic Bay in 2011 was 335 people. By 2016 the population was 282 showing a population decline of 15.8% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation. In 2011, 50.3% of the homes in Picnic Bay were owner-occupied compared with 50.3% in 2016.
Picnic Bay has 383 properties. Over the last 5 years, Houses in Picnic Bay have seen a 81.62% increase in median value, while Units have seen a 36.18% increase. As at 31 October 2024:
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