OFF MARKET

Cockle Bay Drive
Picnic Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for Lot 151 Cockle Bay Dr, Picnic Bay

Lot 151 Cockle Bay Dr, Picnic Bay is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Townsville City

Last Listing description (March 2021)

Cockle Bay consists of just 4 unique properties, clustered around the sandy curve of beach with sea views across to Castle Hill on the mainland. It is just a couple of minutes' drive to Picnic Bay and the golf club and approx 5 minutes' drive to Nelly Bay, the commercial centre of the island.

This 5526m2 freehold land dotted with old accommodation buildings and sheds, provides an opportunity to rejuvenate the land and create your own peaceful sanctuary.

The buildings are mostly in a state of dis-repair and a building audit report is available on request.

Zoning: Environmental management and conservation

Council: Townsville City Council

Lot 151 on SP150179

Power and town water are available.

Tender has closed 4pm 22nd January 2021

Magnetic Island is just off Townsville, making it easily accessible, with the ferry terminal on the mainland just ten minutes from the airport. Passenger and car ferries run all day every day taking 20-40 minutes. 'Maggie', as it is affectionately known, has good infrastructure compared to many other North Queensland islands and a friendly resident community, many of whom to commute to Townsville daily for work, while retirees simply enjoy the laidback lifestyle. It retains a village-like atmosphere, with each bay having its own character, and a multitude of beautiful beaches and bays where often yours will often be the only the footsteps in the sand. It's the ideal destination for lovers of the outdoors, with approximately two-thirds of the island being National Park with numerous walking trails and of course all manner of watersports within the Great Barrier Reef Marine Park.

Contact Alex Strens for further information or to arrange an 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: 1158

Property History for Lot 151 Cockle Bay Dr, Picnic Bay, QLD 4819

A timeline of how this property has performed in the market
  • 17 Dec 2020
    Listed for Sale TENDER CLOSED

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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.