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5 Mandalay Avenue, Nelly Bay$625,000
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5 Mandalay Avenue

Nelly Bay, QLD 4819, Australia
$625,000
3 bed 2 bath607 m²

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About this property

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, you'll have everything at your fingertips - including a popular restaurant, post office, bank, and clothing store. One of the island's favourite cafés 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: 3 spacious bedrooms 2 bathrooms Internal laundry Fully split-system air conditioning throughout essential for North Queensland living A unique master bedroom layout with an additional room attached, perfect for converting into a huge walk-in robe, dressing room or nursery - the choice is yours! 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. This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1772

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Land Area
607 m²
Listed
1 month ago

Repayment calculator

$3,030/month
$1,515 /fortnight
Loan $500,000 at 6.10% over 30 years

Upfront costs

Deposit$125,000
Stamp duty$21,150
Conveyancing (est.)$2,000
Total upfront$148,150
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 3-bedroom house in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 4% below the $650,000 median of 78 comparable houseswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Mandalay Ave at Magnetic Island State School (bus)106 m away
  • Island Living Centre62 m away
  • Unnamed623 m away
  • Nelly Bay Foreshore661 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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Price history

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1 price change recorded for this property

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