16 Rosemary St, Margate is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 688m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Margate in the last 12 months.
INVESTMENT IDEAL LONG TERM TENANT
THIS GREAT SOLID HOME IS PERFECT FOR THE WHOLE FAMILY. UPSTAIRS CONSISTS OF THREE GOOD SIZED BEDROOMS, OPEN PLAN LOUNGE AND DINING WITH A BALCONY OFF THE LOUNGE ROOM, KITCHEN AND FAMILY BATHROOM. UPSTAIRS HAS TIMBER FLOORS THROUGHOUT. DOWNSTAIRS HAS A TILED RUMPUS AREA AND ANOTHER ROOM WHICH CAN BE USED AS A BEDROOM OR OFFICE. GOOD SIZE LAUNDRY, SHOWER AND TOILET AND DOUBLE LOCK UP GARAGE. SET ON A 688SQM ALLOTMENT. ENJOY THE GOOD SIZED BACKYARD WHICH HAS A GARDEN SHED AND A GREAT UNDERCOVER AREA FOR BBQ'S AND ENTERTAINING. FOR THE ASTUTE INVESTOR THIS IS THE PERFECT INVESTMENT PROPERTY AS THERE IS GREAT TENANTS IN PLACE THAT WOULD LIKE TO STAY ON. CURRENTLY RENTING FOR $395 PER WEEK. THEY WILL SIGN A LONG LEASE AND WANT TO STAY INDEFINITE WITH AN INCREASE YEARLY. LOOK NO FURTHER. ENQUIRIES TO EXCLUSIVE AGENT MADDIE 0414 738 814
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:
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