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Nelly Bay suburb profile

Nelly Bay on Magnetic Island is the island's main harbour village, centred on a sheltered bay and the ferry terminal that connects to Townsville. It has a compact beachfront strip of cafes, shops and holiday accommodation and a mix of low-rise apartments, beachside units and timber homes that climb the surrounding slopes. The suburb doubles as the gateway to Magnetic Island National Park, with easy access to beaches, snorkelling, boat ramps and walking tracks where native wildlife such as koalas and rock wallabies is commonly seen. Life here is relaxed and geared around both everyday island living and visitors.

Nelly Bay property market performance

Current median dwelling price$537,750Past 3 months

Property growth-1.8%Past 12 months

Nelly Bay has relatively few recent property sales, so there isn't enough data to publish a reliable median house or unit price. The figures that are available show house values rose a modest 4.5% over the last 12 months, while unit values fell a solid 8.2% over the same period.

Over the past three months there were four house sales and four unit sales. Over the last 12 months houses sold in a median of 77 days and units in 96 days, so houses sold faster than units.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
4.5%-8.2%
Sold
Past 3 months
44
Median days on market
Past 12 months
7796
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Nelly Bay demographics

Nelly Bay is a small community of 1,213 people with a median age of 56. The median total household income is $1,003 a week, roughly $52,156 a year.

Families are largely made up of couple families without children, which account for 65.2% of families. Couple families with children make up 19.6%, one-parent families 14.2% and other families 1.0%.

Homes in Nelly Bay are mostly owner-occupied: 47.8% are owned outright and 24.0% are owned with a mortgage, a combined 71.8% owner-occupied, while 28.3% are rented. Owner-occupiers outnumber renters by roughly two and a half to one.

Suburbs near Nelly Bay

Some popular suburbs near Nelly Bay include:

  • Arcadia: Leafy residential area on Magnetic Island with bushland and small bays.
  • Picnic Bay: Small seaside village centred on Picnic Bay, with a calm sandy beach.
  • Horseshoe Bay: Sheltered horseshoe-shaped bay with a long sandy beach and headland.
  • Pallarenda: Beachside suburb on Townsville's northern fringe, known for dunes and a foreshore reserve.
  • North Ward: Inner-city suburb centred on the Strand foreshore and popular parklands.

How does Nelly Bay compare to nearby suburbs?

  • Median house prices: Nelly Bay’s median house price is 10.1% lower than Horseshoe Bay’s.
  • Median unit prices: Nelly Bay’s median unit price is 35.8% lower than North Ward’s.
  • House price growth: Over the past 12 months, house prices in Nelly Bay have grown 1.3% higher than in Horseshoe Bay.
  • Unit price growth: Property prices in nearby North Ward have risen 42.7% more than in Nelly Bay over the past year.
  • Selling speed for houses: Properties in nearby Horseshoe Bay are selling 23.4% faster than in Nelly Bay.
  • Selling speed for units: Properties in nearby North Ward are selling 83.3% faster than in Nelly Bay.

Choose the right real estate agents in Nelly Bay

Currently, there are 9 real estate agents working in Nelly Bay—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 9 agents sold 88.2% of all properties in Nelly Bay over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Nelly Bay typically charge a commission of 2.47% to 3.09%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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