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Unit 232,
123-145 SOONING STREET 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 0.00 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Magnetic Island

With an average age of 60, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $375. The average family earns a weekly income of $1,624 with a typical household size of 1.7 and a 102.94% 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

General Points of Interest


Population

(Country of Birth not stated 18%)

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

  • School Catchments
    Townsville SHS Magnetic Island SS
  • Townsville West State School

    West End, QLD, 4810 State Prep-6

  • Belgian Gardens State School

    Belgian Gardens, QLD, 4810 State Prep-6

  • St Patrick's College Townsville

    Townsville, QLD, 4810 Independent 7-12

  • Magnetic Island State School

    Nelly Bay, QLD, 4819 State Prep-6

  • St Joseph's Catholic School, The Strand

    North Ward, QLD, 4810 Independent Prep-6

  • Townsville Central State School

    North Ward, QLD, 4810 State Prep-6


Property Story

Unit 232, 123-145 Sooning Street, Nelly Bay, Qld, 4819 is a residential property . The estimated distance to the sea is only 0km and 0.19KM 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

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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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