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Offers Over $565,000

81 Frosts Road
Margate TAS 7054

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.364ha
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The foothills behind Margate offer sweeping panoramic views across North West Bay towards Bruny Island and this outstanding block captures the benefit of a stunning outlook combined with an outstandingly convenient location that is sure to capture the sun from every angle.
Positioned on the eastern slope of Frosts Road, the property consists of a fully fenced 2.364 Hectare ( 5.8 acres) lot which is mainly pasture with a developed section planted with a cider apple orchard.
The property benefits from a permanent spring which feeds a small dam, with Frosts Road carrying a reticulated town water supply.
The open rural outlook combined with the eastern facing aspect and panoramic views would make a stunning setting for your new home.
Only a few minutes drive away from the property is the attractive township of Margate with its new shopping centre, various services and amenities, popular primary school and playing fields as well as the outstanding Dru Point Bicentennial Park which has a dog exercise area, playgrounds for children, café and very pleasant picnic areas.
Also located in Dru Point is the public boat launching facility and associated boat trailer park giving access to North West Bay and the Channel.
A little further afield are Kingston and Blackmans Bay featuring a wide range of shopping centres, schools, sporting facilities, restaurants, cafés and of course beautiful beaches.
Heading south from Margate takes you into the d'Entrecasteaux Channel region with quaint villages, stunning coastline and the white sand beaches of nearby Coningham and more distant Verona Sands.
The Hobart CBD is only a 20 minute commute away.
Rural properties such as this outstanding block are very rare and would suit a wide range of buyers who want the benefits of a rural lifestyle combined with convenient proximity to services.

Property Details for 81 Frosts Rd, Margate

Building Type
Land
Land Size
2.364ha

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About Margate 7054

The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of total area. The population of Margate in 2011 was 3,624 people. By 2016 the population was 3,945 showing a population growth of 8.9% in the area during that time. The predominant age group in Margate is 0-9 years. Households in Margate are primarily couples with children 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, 83.3% of the homes in Margate were owner-occupied compared with 81.6% in 2016.

Margate has 1,804 properties. Over the last 5 years, Houses in Margate have seen a 43.18% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:

  • The median value for Houses in Margate is $796,004 while the median value for Units is $533,425.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 15 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Margate.

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Paul Guest
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Raine & Horne Kingston
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