23-25 Yule Street

Picnic Bay QLD 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.