18 The Cove Nelly Bay QLD 4819
Property Details for 18 The Cove, Nelly Bay
18 The Cove, Nelly Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 644m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (December 2021)
Experience the epitome of island living with this luxury waterfront home featuring 20m of water frontage, uninterrupted views, and a private 12m deepwater pontoon. This is a premium harbourside property in one of tropical Magnetic Island's most prestigious streets near beaches, restaurants, and only an 800m walk to the ferry terminal. The Cove is an exclusive cul-de-sac enjoying direct access to Nelly Bay Harbour and the open waters beyond. Paradise awaits.
Luxury single-level home built in 2017 and awarded winner of the 2018 HIA Award for Internal Cabinetry
Includes a media room and an undercover alfresco terrace with an outdoor kitchen comprising of a built-in plumbed gas bbq, a dishwasher and wine fridge
1.8m-deep solar-heated plunge pool with pool seating, feature lighting and a water feature
Full air-conditioning, 6.54kW solar system, ceiling speakers, ceiling fans, LED lights throughout
Fully irrigated gardens and lawn, auto garage with storage and workspace, security cameras, security screens
Property History for 18 The Cove, Nelly Bay, QLD 4819
- 16 Sep 2021Sold for $1,600,000
- 21 Jul 2021Listed for Sale OFFERS OVER $1,500,000
- 20 Mar 2014Sold for $360,000
Recent sales nearby
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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 1,430 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.
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