11 Magnolia StreetMargate QLD 4019
Property Details for 11 Magnolia St, Margate
11 Magnolia St, Margate is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 632m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Margate in the last 12 months.
Last Listing description (July 2024)
Positioned perfectly on the high side of a quiet street in Margate, this low maintenance brick and tiled home will tick a lot of boxes for both owner-occupiers and investors with a long-term tenant in place and happy to stay on.
Internal features include a split system A/C in the lounge area, ceiling fans in all rooms, and a kitchen and dining area that flows through to the covered outdoor entertaining area.
Externally, 632sqm of land offers heaps of potential to add a pool, large garage/workshop, or perhaps even a granny-flat - there is plenty of room for kids and pets to play in a safe and secure environment.
The location is central to schools, shops, medical facilities, public transport and the Margate Beach waterfront is a short pushbike ride away!
Don't let this one slip away - the owners desire for a sale has been reflected in the price. Contact Mike today to schedule an inspection.
Property History for 11 Magnolia St, Margate, QLD 4019
- 18 Jul 2024Sold for $768,000
- 28 Jun 2024Listed for Sale Offers Over $779,000
- 14 Mar 2013Sold for $324,000
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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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