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122 Mandalay Avenue,
Nelly Bay QLD 4819

This property is Off Market

All about Nelly Bay Homes for sale in Nelly Bay

The Average property price in this area is $502,553, this is based on recent transactions.
Internet speed Download 25 Mbps / Upload 5 Mbps
Distance to the coast 1.67 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White UNIT 14, 106 MANDALAY AV, 1092000 7 Beds - 4 Baths - 2 Parking Within 0.4 km Ray White 97 MANDALAY AV, 525000 2 Beds - 1 Baths - 3 Parking Within 0.5 km Ray White 17 GRACE ST, 750750 4 Beds - 2 Baths - 1 Parking Within 1.1 km Ray White 37 MANDALAY AV, 625000 2 Beds - 1 Baths - 1 Parking Within 1.1 km Ray White UNIT 12, 1-3 THE COVE, 589850 3 Beds - 2 Baths - 1 Parking Within 1.7 km LJ Hooker UNIT 135, 123 SOONING ST, Offers over $800,000 3 Beds - 2 Baths - 1 Parking Within 1.7 km Ray White UNIT 141, 123 SOONING ST, 395000 2 Beds - 1 Baths - 1 Parking Within 1.7 km Ray White 2 WARBOYS ST, 640000 0 Beds - 0 Baths - 0 Parking Within 2.0 km Ray White 28 NERITA CR, 260000 0 Beds - 0 Baths - 0 Parking Within 2.1 km

Recently Sold Properties in this Area

About Magnetic Island

With an average age of 54, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $300. The average family earns a weekly income of $1,468 with a typical household size of 2.1 and a 94.22% employment rate.

In Nelly Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Nelly Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Nelly Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Nelly Bay necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Nelly Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Nelly Bay a better buying opportunity than it may have been in the past.

Public Transport

Magnetic Island ferries ship

Car Ferry Ramp - Townsville ship

Magnetic Island Ferries - Townsville terminal train

Townsville

General Points of Interest

Cape Pallarenda Conservation Park swimming

The Rock Pool golf

Magnetic Island Country Club

Geoffrey Bay Snorkel Trail

Nelly Bay Snorkel Trail

Wednesday Night Toad Racing

The Forts - Command Post

Population

(Country of Birth not stated 9%)

Are people healthy?

There are a recorded 306 asthma sufferers and 259 people living with diabetes. In addition, 187 people have a heart/vascular condition and 366 people live with three or more chronic diseases.

A good place to invest in property?

Magnetic Island a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

06 / 100

32 / 100

Industry

22 / 100

32 / 100

Population

29 / 100

40 / 100

House Prices

46 / 100

63 / 100

Jobs

20 / 100

31 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Magnetic Island SS Townsville SHS
Magnetic Island State School
Nelly Bay, QLD, 4819 State Prep-6
Cleveland Education and Training Centre
Rowes Bay, QLD, 4810 State 5-12
Townsville Central State School
North Ward, QLD, 4810 State Prep-6
St Patrick's College Townsville
Townsville, QLD, 4810 Independent 7-12
Townsville West State School
West End, QLD, 4810 State Prep-6
Townsville Flexible Learning Centre
West End, QLD, 4810 Independent 7-12
Townsville South State School
South Townsville, QLD, 4810 State Prep-6
St Joseph's Catholic School, The Strand
North Ward, QLD, 4810 Independent Prep-6
Belgian Gardens State School
Belgian Gardens, QLD, 4810 State Prep-6
Townsville Grammar School
North Ward, QLD, 4810 Independent Prep-12

Property Story

122 Mandalay Avenue, Nelly Bay, Qld, 4819 is a residential property . The estimated distance to the sea is only 1.67km and 0.2KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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