SOLD
Sold on 23 Sep 2024 for $770,000

115 Albert Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 83m2
Land area: 506m2
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Property Details for 115 Albert St, Margate

115 Albert St, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 506m2 and floor size of 83m2. 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
Year Built
1950
Floor Size
83m2
Land Size
506m2
Local Government
Moreton Bay
Lot/Plan
26/RP83892

Last Listing description (October 2024)

Welcome to the charming prospect at 115 Albert Street, nestled in the idyllic seaside suburb of Margate, QLD. This neat little abode presents an enticing opportunity for all buyers, whether you're a first-time homeowner, an astute investor or perhaps looking to downsize with convenience and coastal tranquility.

Occupying a generous 506-square-metre parcel of land, this delightful residence offers a warm embrace with its three cozy bedrooms and a well-appointed bathroom, all designed to cater to your comfort. The home exudes a welcoming atmosphere that invites you to either move in straightaway or unleash your creativity and renovate to your heart's content, transforming it into your personalized retreat by the sea.

The convenience of this location is unparalleled, being just minutes from the glistening waters that Margate is renowned for. Imagine the ease of seaside strolls at a moment's notice, with the beach beckoning for morning jogs or lazy weekend picnics. The local shops are merely a stone's throw away, ensuring all your daily necessities are within easy reach.

With ample space for two vehicles, the property assures that both residents and guests have secure parking options. The potential this home holds is boundless, offering a perfect blend of lifestyle and potential in one of the Moreton Bay Region's most sought-after locales.

115 Albert Street is a true gem, a place where memories can be made and cherished. Seize the opportunity to own a slice of Margate's laid-back lifestyle and make this house your new home.

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Property History for 115 Albert St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$770,000
23 Sep 2024
Listed for Rent
$550/w
11 Nov 2023
  • 23 Sep 2024
    Sold for $770,000
  • 12 Jul 2024
    Listed for Sale Sold
  • 31 Oct 2023
    Listed for Rent $550 / 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 4,134 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.
There are currently 39 properties listed for sale, and 25 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Margate.

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