FOR SALE
FOR SALE

3 Alma Court
Margate QLD 4019

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 524m2
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Prime Margate Investment Opportunity!

Don't miss out on this exceptional investment offering dual rental income potential, just steps from Margate Beach, vibrant shopping and dining precincts, reputable schools, and convenient transport options. With the opportunity to renovate, you can add significant value and increase rental yield, making it a perfect find for savvy investors looking for long-term growth in a highly sought-after location.
• Two flats each with 2 beds and 1 bath
• One unit is vacant and ready for renovations
• The other unit is tenanted with long-term tenants and features renovations completed 10 years ago, still in great condition
• Open-plan kitchen, dining, and living areas
• Separate laundries for convenience
• Fully fenced lawn areas
Act quickly to arrange a viewing-contact Matt Burton or Chris Sheen from Crown Properties Redcliffe for more details. Don't miss this rare chance to secure a prime investment in a highly sought-after location!

Property Details for 3 Alma Ct, Margate

3 Alma Ct, Margate is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 524m2. The place is currently for sale with Crown Properties.

Building Type
DuplexSemi-detached
Land Size
524m2

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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 4,139 properties. Over the last 5 years, Houses in Margate have seen a 85.74% increase in median value, while Units have seen a 97.06% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $847,891 while the median value for Units is $724,021.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 35 properties listed for sale, and 21 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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Matt Burton
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Chris Sheen
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Crown Properties
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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.