4/1 Picnic StreetPicnic Bay QLD 4819
Property Details for 4/1 Picnic St, Picnic Bay
Last Listing description (May 2019)
This is a once in a lifetime opportunity to own a wonderful and sought-after lot in the private and exclusive Nobby Headland, Magnetic Island. Overlooking the picturesque Picnic Bay beach and jetty with panoramic views to the Coral Sea this piece of paradise sits naturally amongst the bush, boulders and wildlife.
This lot is uniquely situated directly above the beach and has direct access by a short walking track to the golden sand and tranquil waters of Picnic Bay. With an area totaling 1423 sq. metres, there is a generous building envelope to create your dream home in the tropics. The owners have completed their own design of a magnificent residence that is fully compliant and approved within the Nobby Headland covenants and principles. The architectural plans demonstrate what is possible on this site taking full advantage of beautiful views from every room. Unfortunately due to a change in personal circumstances they can no longer retire to Magnetic Island so this opportunity presents itself for an astute purchaser.
Magnetic Island sits in the Great Barrier Reef Marine Park yet only a 25 minute ferry ride from Townsville, but a world away in lifestyle and beauty. Townsville is easily accessible with affordable direct flights from Melbourne, Sydney, Brisbane, Darwin and Cairns.
Property Code: 777
Property History for 4/1 Picnic St, Picnic Bay, QLD 4819
- 20 Oct 2021Sold for $600,000
- 17 Apr 2018Listed for Sale $595,000
- 21 Nov 2006Sold for $845,000
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0About 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.
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