SOLD
Sold on 30 Nov 2023 for $390,000

2/55 Ernest Street
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 88m2
Sold By
Natasha Brown
Harcourts Unite
Steve And Tara Hawley
Harcourts Unite
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Property Details for 2/55 Ernest St, Margate

2/55 Ernest St, Margate is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1982. The property has a land size of 88m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Townhouse sold in Margate in the last 12 months.

Building Type
Townhouse
Year Built
1982
Floor Size
78m2
Land Size
88m2
Local Government
Moreton Bay
Lot/Plan
2/BUP5519

Last Listing description (January 2024)

Under contract

Situated in the sought-after coastal suburb on the Redcliffe Peninsula, this generous 2-bedroom townhouse in a quiet complex offers a lifestyle of low-maintenance living, convenience and only a short 2-minute stroll to Margate beach.

You will find:

* Open plan kitchen and living space
* Living area opening onto Courtyard
* 2 spacious bedrooms, both complete with built-ins and ceiling fans
* Air conditioning in the Master bedroom.
* Internal carpeted stairs
* Only 5 units in this peaceful complex
* Elevated position with plenty of natural light
* Single lock up garage
* Conveniently located close to schools, shops, cafes and local transport
* Approx. 30 min drive to Brisbane CBD and approx. 22 mins to Brisbane Airport

You do not want to miss the opportunity to view this property, this townhouse won't last long!

Currently tenanted until January 2024 at $350.00pw

Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 2/55 Ernest St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$390,000
30 Nov 2023
Listed for Rent
$300/w
07 Oct 2021
  • 30 Nov 2023
    Sold for $390,000
  • 30 Aug 2021
    Listed for Rent $300 / week
  • 07 Feb 2020
    Listed for Rent - Price not available
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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, 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.