FOR SALE
$1,200,000

3 Bank Street
Margate QLD 4019

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Land area: 589m2
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Dual Living Queenslander, Moments to the Beach!

Presenting 3 Bank Street, Margate. A quintessential Queenslander that offers the perfect blend of classic charm and modern convenience. Under 200 meters from the stunning Margate Beach, this impressive location speaks for itself when it comes to enviable coastal living.
Set on a lush 589m block with side access, this two-story home is designed for those who appreciate space, comfort, and the potential for dual living. With original casement windows, polished timber floors, and VJ panels, this home invites you to step into a world of timeless elegance and coastal living.
Imagine waking up in your master bedroom with private access to a timber deck, where you can enjoy your morning coffee while overlooking lush, established gardens and listing to the sounds of the ocean.
The spacious open-plan lounge upstairs is perfect for family gatherings, while the downstairs area, complete with a kitchenette, offers superb potential for dual living, teen retreat or guest accommodation. Whether you have extended family, guests, or are looking for an additional income stream, this versatile home caters to all your needs.
Features
- Two-story Queenslander on a 598m2 block
- Three bedrooms upstairs, with the Master bedroom featuring private access to back deck
- Dual living potential with two bedrooms, bathroom, large rumpus and kitchenette downstairs
- Original casement windows and polished timber floors upstairs
- VJ panels and ample storage throughout
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Property Details for 3 Bank St, Margate

3 Bank St, Margate is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 589m2. The place is currently for sale with Ray White Redcliffe.

Building Type
House
Land Size
589m2

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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.

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Ben Campbell
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