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Sold on 04 Sep 2024 for $395,000

1/194 Oxley Avenue
Margate QLD 4019

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
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Property Details for 1/194 Oxley Ave, Margate

1/194 Oxley Ave, Margate is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
95m2
Local Government
Moreton Bay
Lot/Plan
1/BUP5172

Last Listing description (September 2024)

Perfectly positioned East of Oxley Ave, this neat and tidy unit is affordable and ready to go. This charming 1-bedroom, 1-bathroom unit offers a fantastic opportunity for first-time buyers or savvy investors looking to expand their portfolio. The property features a carpeted bedroom with air conditioning, ensuring comfort during those warm summer months.

The cozy front balcony is an ideal spot to enjoy the refreshing sea breeze while sipping your morning coffee. Inside, the carpeted lounge area comes equipped with a ceiling fan, providing additional comfort. The kitchen boasts new benchtops and a functional layout, making meal preparation a breeze. Security screens throughout offer peace of mind.

Located in a quiet complex with only a small number of units, this property is within walking distance to the water, local shops, and parks. Margate is known for its relaxed coastal lifestyle and community atmosphere. Don't miss out on this incredible opportunity to secure an affordable property in such a prime location. Act fast—this gem won't last long!

Property History for 1/194 Oxley Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$395,000
04 Sep 2024
Listed for Rent
$270/w
11 Mar 2021
  • 16 Aug 2024
    Sold for $395,000
  • 26 Jul 2024
    Listed for Sale OPEN HOME CANCELLED
  • 08 Jan 2020
    Listed for Rent $270 / week
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About Margate 4019

The size of Margate is approximately 2.6 square kilometres. It has 12 parks covering nearly 6.8% of total area. The population of Margate in 2011 was 7,007 people. By 2016 the population was 7,390 showing a population growth of 5.5% in the area during that time. The predominant age group in Margate is 40-49 years. Households in Margate are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation. In 2011, 51.2% of the homes in Margate were owner-occupied compared with 53.2% in 2016.

Margate has 4,145 properties. Over the last 5 years, Houses in Margate have seen a 81.48% increase in median value, while Units have seen a 72.95% increase. As at 31 July 2024:

  • The median value for Houses in Margate is $806,333 while the median value for Units is $674,679.
  • Houses have a median rent of $580 while Units have a median rent of $475.
There are currently 44 properties listed for sale, and 30 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Margate.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.