122 Mandalay Avenue, Nelly Bay QLD 4819
This property is Off Market
- 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
Property For Sale Nearby
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
Car Ferry Ramp - Townsville
Magnetic Island Ferries - Townsville terminal
Townsville
General Points of Interest
Cape Pallarenda Conservation Park
The Rock Pool
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
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTownsville SHS Magnetic Island SS
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Magnetic Island State School
Nelly Bay, QLD, 4819 State Prep-6 -
Townsville West State School
West End, QLD, 4810 State Prep-6 -
St Patrick's College Townsville
Townsville, QLD, 4810 Independent 7-12 -
Belgian Gardens State School
Belgian Gardens, QLD, 4810 State Prep-6 -
Townsville Flexible Learning Centre
West End, QLD, 4810 Independent 7-12 -
Cleveland Education and Training Centre
Rowes Bay, QLD, 4810 State 5-12 -
Townsville Grammar School
North Ward, QLD, 4810 Independent Prep-12 -
Townsville South State School
South Townsville, QLD, 4810 State Prep-6
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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