OFF MARKET

3/1 Picnic Street
Picnic Bay QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1321m2
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Property Details for 3/1 Picnic St, Picnic Bay

Building Type
Land
Land Size
1321m2
Local Government
Townsville City
Lot/Plan
3/SP169368

Last Listing description (May 2019)

This 1321m2 beachfront block at Nobby Headland faces east with views over Picnic Bay towards Hawkings Point and the Picnic Bay jetty. At the northern end of the block, there is car access from Yule Street, and at the southern end direct access off the land to the beach reserve adjoining the patrolled swimming area in Picnic Bay. The building envelope of around 300sqm allows a main residence to be constructed in a high location over rock at the southern end. This Lot is one which allows construction of a Complementary Dwelling within the building envelope, and this would permit a separate two-level structure at the northern end as additional subsidiary accommodation, perhaps including a garage. There is ample room on the Lot for parking of a boat etc, with ready access to the nearby launching ramp adjacent to the jetty. Underground power, town water and sewerage connection are available. Picnic Bay is a tranquil bay with a selection of cafes and restaurants, pub, corner store, golf club and picturesque jetty which is great for fishing or an enjoyable stroll. Just five minutes' drive from the ferry terminal and you can be in your own private paradise. Located in the exclusive enclave of 'Nobby Headland', winner of a prestigious Environmental Excellence award, wander along 'Harry's Track', named after Harry Butler, the first white settler on Magnetic Island who owned Nobby Headland, to a block retained exclusively for the use of residents. Stand on the stunning deck and join other residents for a glass of wine as you watch the sun set over the water. Take the hidden stone steps to a lovely, very private, beach where you can swim, fish or play. Don't miss this rare opportunity. Call today to arrange a private inspection 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: 785

Property History for 3/1 Picnic St, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$569,000
29 Oct 2021
  • 29 Oct 2021
    Sold for $569,000
  • 02 May 2019
    Listed for Sale $575,000
  • 13 Jun 2014
    Transferred for $935,000

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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.