12 Dunbar St, Margate is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 405m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
First In, Best Dressed.
The Location - Super convenient, walking distance to the beach, Margate Village Shopping Centre, Schools and medical facilities.
The House - A modest 2 bedroom cottage with an 'L' shaped lounge, dining & kitchen area with a separate bathroom and toilet. The home and the tenant are both low maintenance and are providing a current rental income of $265/wk. Plumbing and structural upgrades have been completed. With a metal roof and fibro cladding, predominately lined with masonite sheeting and timber flooring throughout - there is plenty of potential for renovating.
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:
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