OFF MARKET

11 Magnetic Street
Picnic Bay QLD 4819

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 506m2
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Property Details for 11 Magnetic St, Picnic Bay

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.

Building Type
House
Year Built
1960
Floor Size
78m2
Land Size
506m2
Local Government
Townsville City
Lot/Plan
2/RP722104

Last Listing description (April 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

Property History for 11 Magnetic St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$440,000
04 Mar 2023
  • 04 Mar 2023
    Sold for $440,000
  • 30 Jan 2023
    Listed for Sale $465,000
  • 10 Jan 1995
    Sold for $117,500

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About Picnic Bay 4819

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:

  • The median value for Houses in Picnic Bay is $590,769 while the median value for Units is $465,578.
  • Houses have a median rent of $275 while Units have a median rent of $250.
There are currently 3 properties listed for sale, and 1 property listed for rent in Picnic bay on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Picnic bay.

Suburb Insights for Picnic 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.