11 Magnetic St, Picnic Bay is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 506m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Less than 200m walk to the beach is this high-set home with heaps of potential.
With hardwood floors, 3 bedrooms and enclosed under for storage, this home is looking for a new owner who can do as much or little as they wish.
On a quiet street, just one block from the beach, this is an ideal spot to live if you're looking for peace and quiet within an easy walk of the beautiful sandy Picnic Bay beach and jetty, a great spot to catch a few fish. The golf club is just up the road and there's a selection of cafes and bars for some good food and drink.
Underneath, the house is enclosed with room for parking, workshop, storage and there's even an old shower and toilet (connected).
Front stairs bring you up to the front deck, a lovely place to sit and enjoy a cuppa, which captures the sea breeze beautifully. The living/dining area also opens to the rear allowing excellent cross-ventilation with another set of stairs to the back yard. The home has some great character features like casement windows and hardwood floors, difficult to replicate in the new homes of today. Three good-sized bedrooms and the bathroom with separate toilet are located down the hallway.
Currently tenanted, please contact Alex to arrange an inspection with as much notice as possible.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 1409
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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