8 Wansfell Street, Picnic Bay, QLD 4819 | DuplexSemi-detached for sale | OnTheHouse
 
FOR SALE
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8 Wansfell Street
Picnic Bay QLD 4819

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 809m2
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Twice the Opportunity – Dual Living Near the Beach on Magnetic Island

Positioned on a sunny corner block just minutes from the shoreline, this dual-occupancy property on Magnetic Island presents an outstanding opportunity for investors, owner-occupiers, or lifestyle buyers seeking flexibility and income potential near the beach.
Comprising two self-contained units, each residence offers a different floorplan yet both feature two bedrooms, open-plan living, a bathroom and internal laundry-ideal for dual living, rental income, or holiday accommodation. A double carport with two separate storerooms sits between the units, providing excellent separation and privacy.
Unit 1 is fully fenced and includes a recently built heated magnesium swimming pool, in its own fenced enclosure with space for the outdoor setting and lounges its truly a resort stye in itself. A private verandah overlooks the pool, creating an inviting shady space to relax, entertain, or enjoy island living year-round.
Unit 2, currently tenanted, features its own front verandah with adjustable louvres. Open them to capture the cool sea breezes and enjoy the relaxed Picnic Bay coastal lifestyle.
Ideally located just minutes from Picnic Bay, with its iconic jetty, beachfront restaurants, cafés and seasonal swimming enclosure, this property is perfectly positioned for those searching for Magnetic Island real estate near the beach.
Multiple Options – One Exceptional Property
Live in one and rent the other
Dual income investment on Magnetic Island
Modernise and extend (STCA)
Explore Airbnb or short-term accommodation potential
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Property Details for 8 Wansfell St, Picnic Bay

8 Wansfell St, Picnic Bay is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 809m2. The place is currently for sale with Harcourts Kingsberry Townsville.

Building Type
DuplexSemi-detached
Land Size
809m2
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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 2016 was 291 people. By 2021 the population was 367 showing a population growth of 26.1% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation.In 2021, 60.10% of the homes in Picnic Bay were owner-occupied compared with 50.30% in 2016.

Picnic Bay has 383 properties. Over the last 5 years, Houses in Picnic Bay have seen a 102.10% increase in median value, while Units have seen a 77.35% increase. As at 30 November 2025:

  • The median value for Houses in Picnic Bay is $686,394 while the median value for Units is $525,505.
  • Houses have a median rent of $303 while Units have a median rent of $250.
There are currently 7 properties listed for sale, and 1 property listed for rent in Picnic bay on OnTheHouse. According to Cotality's data, 15 properties were sold in the past 12 months in Picnic bay.

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Jenny Bishop
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Harcourts Kingsberry Townsville
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