1/11A Margate ParadeMargate QLD 4019
Property Details for 1/11a Margate Pde, Margate
1/11a Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 503m2.
Last Listing description (April 2016)
Vendors are motivated and are looking for Offers!!
This solid 2 bedroom ground floor unit situated in a complex of just 4 is in a prime location and at a very cheap entry level.
Step out your door and you are on the popular Margate strip which features one of Moreton Bays longest mainland stretches of sand beach.
Features
- Large combined lounge and dining
- Tidy kitchen
- 2 good size bedrooms
- Bathroom/Laundry
- Balcony with water views
- Currently rented for $260 per week
Location is the plus, walk to the water, enjoy the afternoon breeze, have dinner at the local restaurants.
Call Lynne Burns to inspect today
Property History for 1/11a Margate Pde, Margate, QLD 4019
- 14 Apr 2015Listed for Sale Offers Over $249,000
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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 4,134 properties. Over the last 5 years, Houses in Margate have seen a 82.40% increase in median value, while Units have seen a 84.79% increase. As at 31 October 2024:
- The median value for Houses in Margate is $835,783 while the median value for Units is $720,481.
- Houses have a median rent of $580 while Units have a median rent of $490.
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