78 Picnic StreetPicnic Bay QLD 4819
Property Details for 78 Picnic St, Picnic Bay
Last Listing description (September 2023)
Secure your slice of Island paradise today, this is one of the last vacant 1012sqm blocks of land in one of the best streets in the tightly held Picnic Bay.
Explore the many options such as building your dream holiday home, duplex, or house with a granny flat to Air BnB, or even the option to subdivide into two 506sqm lots (subject to council approval). There is town water and sewerage, also overhead power ready for connection. It has also been surveyed and survey plans will be supplied on the sale.
A short 50m walk will see you at the foothills of the stunning easy grade Hawkings Point trail, with sweeping views of Picnic Bay across to Cleveland Bay.
800m walk to the Picnic Bay beach, Swimming area and Surf Life Saving Club, along with the Heritage listed Picnic Bay Jetty.
2-minute drive to Magnetic Island Country Golf Club
6-minute drive to the Magnetic Island ferry terminal
22-minute Ferry trip to Magnetic Island from Townsville
This magical Island is scattered with Granite boulders, Hoop pines, Native Kapoks, secluded beaches and fringing coral reefs. It is emerging as a growing domestic holiday option for interstate travellers and remains a strong choice for Townsville locals for a weekend away. It is frequented by international travellers all year round. Some of the 2,300 residents work on the mainland by taking a peaceful 22-minute ferry trip as their daily commute- certainly beats sitting in traffic or on a train.
Magnetic Island still offers all the conveniences of modern living Local IGA and Foodworks, Woolworths and Coles delivery, doctors' surgery, State School, public swimming pool, local Hardware, along with a great selection of restaurants, cafes and shops.
Magnetic Island also offers a multitude of water sports, fishing spots, diving and snorkelling and boat ramps.
Most locals describe this island as living in paradise.
Property History for 78 Picnic St, Picnic Bay, QLD 4819
- 07 Aug 2023Sold for $370,000
- 26 Jan 2023Listed for Sale $375,000
- 10 Dec 2019Listed for Sale $175,000.00
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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 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.
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