3/23 Yates St, Nelly Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 61m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Nelly Bay in the last 12 months.
This unit in Nelly Bay would be great as a first home purchase, Island escape, or as an investment - there is everything here ready for you to just move in and make a great start - whatever you choose!
The unit is upper floor, has a designated undercover car area and storage room. It is air-conditioned, has ceiling fans & ocean facing veranda where you can comfortably enjoy the sea breezes. Compact kitchen includes good drawer and cupboard space & electric stove.
The size of Nelly Bay is approximately 4.7 square kilometres. It has 5 parks covering nearly 52.3% of 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 1,416 properties. Over the last 5 years, Houses in Nelly Bay have seen a 105.74% increase in median value, while Units have seen a 63.96% increase. As at 30 November 2025:
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