OFF MARKET

19 Albert Street
Margate QLD 4019

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 350m2
Land area: 587m2
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Property Details for 19 Albert St, Margate

19 Albert St, Margate is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 587m2 and floor size of 350m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
House
Year Built
1955
Floor Size
350m2
Land Size
587m2
Local Government
Moreton Bay
Lot/Plan
7/RP54940

Last Listing description (June 2018)

A great investment in one of the best locations on the Peninsula, just around the corner from Scott's Point and near all local conveniences.

Perched on 587m2 of high density zoned land East Of Oxley Avenue where everyone wants to buy.


The three flats consist of a three bedroom, two bedroom and one bedroom and the current rents have lots of scope for improvement to increase the return.

The property has proudly kept long term tenants over the years which is no surprise considering the location near the waterfront views, close to shops and conveniently placed near a public transport route on Oxley Avenue.

The bus stop is a five minute walk away. Margate shopping precinct with Woolworths is just over 500 metres away and the Esplanade a short walk down the street.

You will need to call quickly to secure this fantastic opportunity!

Contact
Matthew Thomson 0434 361 426

http://www.remax-legacy.com.au

Property History for 19 Albert St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$760,000
30 Apr 2021
Listed for Rent
$210/w
06 Nov 2012
  • 30 Apr 2021
    Sold for $760,000
  • 12 Mar 2021
    Listed for Sale SOLD
  • 11 Jul 2016
    Listed for Sale Not Disclosed
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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 4,140 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:

  • The median value for Houses in Margate is $847,891 while the median value for Units is $724,021.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 36 properties listed for sale, and 21 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.