103 Victoria Ave, Margate is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 607m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Positioned on a highly sought after 607m2 allotment in Margate, this classic property will catch the eye of an astute investor or an avid builder searching for their next project! Boasting a family-friendly location with easy access to the waterfront, parks, schools, public transport and the Gateway Motorway, it's easy to imagine your new home sitting right here! Located in an elevated position with 15m frontage is ready to move in for now, or knock down and build your dream home. Take advantage of the bay breezes everything the peninsula has to offer.
Currently tenanted for $350/week until October 2022, with long term tenants in place, this property represents a brilliant opportunity to land bank in a rising market, while you plan your renovation or rebuild.
With the announcement of the NRL franchise going to the Redcliffe Dolphins and the team set to enter the competition in 2023 prices are only going to increase further in this already popular area, so act swiftly to secure this ultimate blank canvas!
You have easy access to the Hornibrook Bridge/Gateway Motorway and Kippa-Ring train station, only minutes away. It's a stone's throw from the Woody Point foreshore, Scotts Point beach, walking/bike tracks, swimming spots and places to cast a line out, plus numerous cafes and places to grab a bite including The Belvedere Hotel! It is right across from Southern Cross Catholic School and nearby Grace Lutheran Primary, Humpybong State School and Clontarf Beach State High School.
Properties in this area, on blocks this big, are being snapped up fast! Call Jacob today on 0419 507 522 before it's too late!!
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 4,145 properties. Over the last 5 years, Houses in Margate have seen a 81.48% increase in median value, while Units have seen a 72.95% increase. As at 31 July 2024:
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