OFF MARKET

20 Yule Street
Picnic Bay QLD 4819

Bedrooms: 10
Bathrooms: -
Car spaces: 6
Floor area: 771m2
Land area: 1004m2
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Property Details for 20 Yule St, Picnic Bay

20 Yule St, Picnic Bay is a 10 bedroom, 0 bathroom Unit with 6 parking spaces. The property has a land size of 1004m2 and floor size of 771m2.

Building Type
Unit
Floor Size
771m2
Land Size
1004m2
Local Government
Townsville City
Lot/Plan
1/SP190014

Last Listing description (July 2023)

Comprises 4X 2 bedroom and 1 X 3 bedroom luxury loft style apartments some with sea views. This complex is located close to Picnic Bay golf course, hotel, beach and jetty backing on to national park on tropical Magnetic Island, a suburb of Townsville, capital of North Queensland.
Formerly "Magnetic Compass Holiday Units, the complex is now offered subject to residential tenancy agreements producing a gross income of approx. $80,000 per annum.
Contact marketing agents Ray White Commercial Townsville on 07 4726 7888.

Property History for 20 Yule St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
  • 28 May 2015
    Listed for Sale Price Upon Application

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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 382 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 4 properties listed for sale, and no properties 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.