1/29 Ernest StreetMargate QLD 4019
Property Details for 1/29 Ernest St, Margate
1/29 Ernest St, Margate is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 123m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (May 2021)
Construction has commenced - Completion expected September/October 2021
Architecturally designed to maximise the incredible bay and island views, Karingal will set a new standard for luxury living in Margate.
Each enjoying views over Moreton Bay and the islands, this boutique complex of just 9 Residences is perfect for both investors and owner occupiers.
* Stroll to Margate Beach and the waterfront cafes
* A quick 25 minute drive to the Brisbane International Airport
* 55 mins from both the Sunshine and Gold Coasts
Contact Cameron today for further information
Property History for 1/29 Ernest St, Margate, QLD 4019
- 30 Aug 2022Sold for $840,000
- 09 Mar 2021Sold for $575,000
- 24 Sep 2020Listed for Sale $575,000
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0About 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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