5 Mandalay Ave, Nelly Bay is a 3 bedroom, 2 bathroom House and was built in 1975. The property has a land size of 607m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Welcome to 5 Mandalay Avenue, positioned in one of the most convenient locations on Magnetic Island, this fully air-conditioned 3 bedroom, 2 bathroom home offers comfort, lifestyle, and incredible potential all in one.
Directly across the road from the shopping complex, youll have everything at your fingertips - including a popular restaurant, post office, bank, and clothing store. One of the islands favourite cafs is nearby, making your morning coffee run easier than ever. The ferry terminal, marina, supermarket, and primary school are all less than 5 minutes walk away, making this an unbeatable location for families, investors, or anyone wanting to enjoy island living with convenience.
Inside, the home features:
Outside, the property offers:
Partially fenced yard
Garden shed for extra storage
Covered back patio ideal for entertaining or relaxing
Packed with potential and located in the heart of Nelly Bay, this property is a fantastic opportunity to secure a home in a highly sought-after area.
Council rates $4125 p.a. inc water.
Contact Alex or Keane today for your private inspection.
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Property Code: 1772
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 1,423 properties. Over the last 5 years, Houses in Nelly Bay have seen a 111.98% increase in median value, while Units have seen a 59.22% increase. As at 31 May 2026:
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