1/20 Yule StreetPicnic Bay QLD 4819
Property Details for 1/20 Yule St, Picnic Bay
Last Listing description (July 2016)
Fantastic investment opportunity to own 5 individually titled modern fully renovated units on beautiful Magnetic Island. The owner wants them sold and has made a massive price adjustment.
There are 4 x 2 bedroom units and 1 x 3 bedroom units. Think of the possibilities - These units are suitable for holiday letting, permanent rentals, reselling individually, living in one and rent the rest. Whatever way you look at it there is a number of ways this could be a fantastic opportunity.
The property is only a few hundred meters from the beach in a quiet location with natural surrounds.
Property Code: 24
Property History for 1/20 Yule St, Picnic Bay, QLD 4819
- 03 Dec 2013Listed for Rent - Price not available
- 25 May 2013Listed for Rent - Price not available
- 07 Dec 2012Listed for Sale OFFERS FROM $1,600,000
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0About 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 382 properties. Over the last 5 years, Houses in Picnic Bay have seen a 111.81% increase in median value, while Units have seen a 49.47% increase. As at 31 January 2026:
- The median value for Houses in Picnic Bay is $700,543 while the median value for Units is $544,235.
- Houses have a median rent of $303 while Units have a median rent of $250.
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