OFF MARKET

21/11-19 The Esplanade
Picnic Bay QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 97m2
Land area: 280m2
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Property Details for 21/11-19 The Esplanade, Picnic Bay

Building Type
Land
Year Built
2005
Floor Size
97m2
Land Size
280m2
Local Government
Townsville City
Lot/Plan
21/SP178094

Last Listing description (February 2023)

Build your dream Island home with these gorgeous lots available in Picnic Bay! Located 140m from the beach, use inspiration from the stunning homes surrounding to plan, design and build an amazing Island retreat.

The lots are prepped and ready to be built on - being 140m away from views of the Picnic Bay Jetty & Townsville.

Be surrounded by the gorgeous wildlife such as the koalas, native birds, possums and wallabies. You are within a 3-minute walk to everything local The Reef Bar Caf, Mama Romas, Picnic Bay Pub, the Golf Course and more! Not to mention the surrounding great locations - such as Cockle Bay (where the wrecked SS City of Adelaide) and the beautiful Rocky Bay which is perfect for swimming and snorkelling.

The lots are a 2-minute walk from the local bus stop, which will take you anywhere you want to go on the island!
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 Location

Approx. 1-minute walk to closest bus stop to take you anywhere on the Island
Approx. 3-Minute walk to Picnic Bay Foreshore with Mama Romas, The Reef Bar Caf, Picnic Bay Pub and The Picnic Bay Jetty
Approx. 2-minute drive from Magnetic Island Country Golf Club
Approx. 4-minute drive to Cockle Bay
Approx. 6-minute drive to the Magnetic Island Ferry Terminal
Approx. 9-minute drive to Alma Bay for a beautiful swim
Approx. 15-minute drive to Horseshoe Bay with water sports
Approx. 22-minute Ferry trip from Magnetic Island to Townsville

Property History for 21/11-19 The Esplanade, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$185,000
23 Jan 2023
  • 23 Jan 2023
    Sold for $185,000
  • 22 Dec 2020
    Listed for Sale Land from $200,000
  • 23 Feb 2006
    Sold for $4,735,000

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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.