18 Bank StreetMargate QLD 4019
Property Details for 18 Bank St, Margate
18 Bank St, Margate is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 407m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (August 2023)
This sensational 'Two Homes in One' package incorporates separate dwellings with each boasting spacious living and light paint tones throughout.
Located in a quiet position on the desirable beach side of Oxley Avenue the property is an easy 3 minute stroll to beautiful Margate Beach and The Sebel for coffee or lunch. The sought after north/south aspect captures winter sun and desirable breezes off Moreton Bay.
Each bedroom is well sized with ceiling fans and both kitchens are centrally located, and each offer plenty of cabinetry and good bench space. Other features of this property include timber flooring, air conditioning, home office, north facing sunroom, extra large louvred windows and high ceilings. There is also car accommodation for two cars and substantial side access for extra vehicles, caravan or boat.
Rental demand for the property is consistently high due to its locale which is handy to schools, Woolworths shopping, public transport and pristine sandy beaches just moments away.
Whether investing to secure excellent returns, buying for dual living purposes or residing in one home and renting the second - to enjoy excellent capital - call us today to inspect! (07) 3880 4311 (24 hour hotline)
Property History for 18 Bank St, Margate, QLD 4019
- 01 Jul 2023Sold for $712,500
- 26 Jun 2022Listed for Sale OFFERS OVER $775,000
- 29 Feb 2016Sold for $403,000
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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 4,149 properties. Over the last 5 years, Houses in Margate have seen a 82.13% increase in median value, while Units have seen a 76.71% increase. As at 31 August 2024:
- The median value for Houses in Margate is $803,577 while the median value for Units is $687,856.
- Houses have a median rent of $580 while Units have a median rent of $475.
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