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41 Compass Crescent, Nelly Bay$879,000
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41 Compass Crescent

Nelly Bay, QLD 4819, Australia
$879,000
4 bed 1 bath 2 car

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About this property

(Please see our television quality video and 3d tour to get a sense of what living here is really like!) You'll love living at 41 Compass Crescent in Nelly Bay because it's just a five minute walk to the beachfront. This elevated property is perfectly positioned to catch cool sea breezes and it backs onto National Park so your only rear neighbours are the Koala's. An air conditioned shed gives you options for a home gym or a home business and you'll have the pool to cool off year-round. What's the best part of this property? It's definitely the renovated kitchen. Custom stone benchtops and heaps of drawers for storage make this a chef's dream. From here you can pass nibbles to your guests on the back deck and keep an eye on the kids in the large main living room. Or maybe the best part of this property is the fully renovated bathroom. This space has been updated from top to bottom with a large, modern step-in rain shower, tiles to the ceiling for easy maintenance, led lighting and a floating vanity. All four bedrooms have polished hardwood floors for a classic sense of style. The two bedrooms at the front of the house have split system air conditioning, large built-in wardrobes and sea glimpses at the horizon. There is also a large study - perfect for those who work from home. Other features include a large solar panel system that will smash those power bills, a huge laundry with plenty of storage, cabinets and abundant fruit trees. The location is fantastic! This house is just five minutes from the ferry terminal, so if you are commuting to town daily - it's easy! The best coffee on the Island is a short walk down the road at The Tiny Palm. Magnetic island is famous for being the only island in the Great Barrier Reef with a large community and full infrastructure where you are allowed to actually own your property. Many others are a 99-year lease. This house will be sold as freehold. About 3,000 people enjoy living on Magnetic Island year-round. There are fantastic restaurants, grocery stores, petrol stations and even a cabaret/stage show! Many hikes wind through the mountainous interior, including the famous " Forts track ". There are heaps of beautiful beaches that you can snorkel off of to visit the fringing reefs. For the more adventurous, there are even two designated nude beaches! Be Quick! Renovated houses on the Island in such great positions don't come up very often! Be sure and inspect this weekend.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Listed
3 months ago

Repayment calculator

$4,261/month
$2,131 /fortnight
Loan $703,200 at 6.10% over 30 years

Upfront costs

Deposit$175,800
Stamp duty$32,580
Conveyancing (est.)$2,000
Total upfront$210,380
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Nelly Bay

This 4-bedroom house in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 41% above the $625,000 median of 78 comparable houseswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Yates St at Compass Crescent (bus)115 m away
  • Unnamed386 m away
  • Unnamed616 m away
  • Nelly Bay Foreshore634 m away

Nelly Bay at a glance

Full suburb profile
Population
1,213
Median age
56
Household income
$1,003/wk
Median rent
$300/wk
Median mortgage
$1,470/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Nelly Bay price trend

Median sold · House 3 bed

Compound growth +11.8% / yr over 4 yrs

$710kcurrent median

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