17 The Cove, Nelly Bay, QLD 4819 | Property Value & History | OnTheHouse
 
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17 The Cove
Nelly Bay QLD 4819

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 636m2
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Last updated 24 Aug 2026
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Property Details for 17 The Cove, Nelly Bay

17 The Cove, Nelly Bay is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Land Size
636m2
Local Government
Townsville City
Lot/Plan
27/SP148255

Last Listing description (March 2018)

This waterfront block within the Magnetic Marina boasts its own 12m private pontoon so you can sail right up to your front door. On 'The Cove', with quality architect-designed homes in the street, this block would be considered one of the best with its aspect offering spectacular views across the water to the twinkling lights of Townsville as well as down the Nelly Bay beach and to the beautiful granite boulder and hoop pine covered hills of the island.
Just an easy short walk brings you to shops, cafes, restaurants, the school and the ferry terminal. Within a ten minute drive are several gorgeous beaches and bays, great fishing spots, National Park walking trails, golf club, horse-riding and more.
The Cove is filling up fast and waterfront land is becoming a sought-after commodity on Magnetic Island with people choosing to hold rather than sell. Get in quick or you may regret it in the future!

Property Code: 725

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Property History for 17 The Cove, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$460,000
14 Jan 2018
  • 14 Jan 2018
    Sold for $460,000
  • 12 Dec 2017
    Listed for Sale $475,000
  • 07 Aug 2015
    Listed for Sale $1,395,000
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About Nelly Bay 4819

The size of Nelly Bay is approximately 4.7 square kilometres. There are 5 parks, covering nearly 52.3% of the total area. The population of Nelly Bay in 2016 was 1196 people. By 2021 the population was 1213 showing a population growth of 1.4% in the area during that time. The predominant age group in Nelly Bay is 60-69 years. Households in Nelly Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nelly Bay work in a professional occupation.In 2021, 69.20% of the homes in Nelly Bay were owner-occupied compared with 57.10% in 2016.

Nelly Bay has 1,429 properties. Over the last 5 years, Houses in Nelly Bay have seen a 100.34% increase in median value, while Units have seen a 49.40% increase. As at 31 July 2026:

  • The median value for Houses in Nelly Bay is $790,519 while the median value for Units is $469,707.
  • Houses have a median rent of $600 while Units have a median rent of $455.
There are currently 53 properties listed for sale, and 2 properties listed for rent in Nelly bay on OnTheHouse. According to Cotality's data, 61 properties were sold in the past 12 months in Nelly bay.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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