29 Yule St, Picnic Bay is a 9 bedroom, 5 bathroom Unit with 10 parking spaces. The property has a land size of 918m2. While the property is not currently for sale or for rent, it was last sold in April 2001.
Picnic Bay in recent times is a place to avoid the hustle and bustle in the relaxed casual end of the island. A combination of two and three bedroom style apartments available. Stunning light filled rooms throughout, bright white and neutral tones, and stunning silver toned feature walls used to decorate. Unique mezzanine style bedroom accommodation provides an open plan feel. Perfectly suited for the owner occupier or receive an income with holiday letting. Walk down the end of the street and throw a line off the end of the jetty!
* Lovely ocean views, adjoining National Park
* Great investment opportunity
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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