Seaside lots are rare - and these gorgeous lots are available to build your dream Island home on. With gorgeous seafront locations and beautiful views - these lots are prepped and ready to be built on, with the surrounding homes a perfect example of what you could be enjoying. This is the perfect spot to live while enjoying swimming, snorkelling, fishing, or beachside dining.
Looking out to the ocean with the Picnic Bay Jetty in sight - you are within a 3-minute walk to everything local Mama Romas, The Reef Bar Caf, Picnic Bay Pub, the Golf Course and more! Homes in the area are very successful Air BnB's with tourists and locals paying top dollar to be in this pristine bay on Magnetic Island.
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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