SOLD
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Sold on 19 Sep 2024 for $730,000

102A Victoria Avenue
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 508m2
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Property Details for 102a Victoria Ave, Margate

102a Victoria Ave, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 508m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Land Size
508m2

Last Listing description (September 2024)

Discover a unique opportunity at 102A Victoria Avenue, Margate-a property that perfectly combines prime location with affordability and investment potential. Positioned in the ever popular and sought-after Margate suburb, this residence offers incredible value and a promising future for savvy buyers.

Situated just a short stroll from Margate's picturesque beachfront, this property ensures you're never far from the tranquil waters to swim or enjoy leisurely walks along the shore. Experience the best of suburban living with easy access to local parks, shopping precincts, and dining options.

This property offers great value, allowing you to enjoy the benefits of coastal living without breaking the bank. With the increasing demand for properties in Margate, this home represents a compelling investment opportunity. The area's growth potential and attractive rental market make it an excellent choice for investors looking to capitalize on future appreciation.

Margate continues to develop and attract interest, promising a solid return on investment. As the suburb evolves, property values are expected to rise, offering long-term benefits for forward-thinking buyers.

Featuring:
* 508sqm block with 15m frontage
* Open plan lounge, dining and kitchen
* 3 good sized bedrooms
* Neat and tidy kitchen
* Bathroom with shower over bath and separate toilet
* Separate internal laundry with side access
* Side access to tandem carport with extra storage
* Spacious and easy to maintain backyard

Seize the chance to invest in one of Margate's most promising locations. Contact us today to learn more about 102A Victoria Avenue and explore how this property can offer you both a comfortable lifestyle and valuable investment opportunity.

** This property MUST be sold so Owner is asking for all written offers, and if not SOLD will taken to Auction.

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Property History for 102a Victoria Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$730,000
19 Sep 2024
Listed for Rent
$500/w
26 Jul 2023
  • 05 Sep 2024
    Sold for $730,000
  • 21 Aug 2024
    Listed for Sale Under Contract
  • 16 Jul 2023
    Listed for Rent $500 / week
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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 20 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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Bonnie Gamble
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Redcliffe Realty
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