OFF MARKET

206 Victoria Avenue
Margate QLD 4019

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 810m2
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Last updated 28 Oct 2024
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Property Details for 206 Victoria Ave, Margate

206 Victoria Ave, Margate is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Land Size
810m2
Local Government
Moreton Bay
Lot/Plan
118/RP30334

Last Listing description (September 2013)

FLATS ON DOUBLE BLOCK ADJOINING PARK
Income producing assets like this one are a rare find. Located in a terrific position adjoining parkland and on a double block - comprising 3 fully self contained 2 bedroom flats ready for renovation and increasing returns. This property oozes potential with a Capital P, currently rented below market (immediate increase in returns available!) Extremely Serious Sellers will look at all reasonable offers. Call today to arrange an inspection and see the potential for yourself.
Additional feature/s - Close to Transport.

Property History for 206 Victoria Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$460,000
28 Aug 2013
  • 28 Aug 2013
    Sold for $460,000
  • 31 Oct 2012
    Listed for Sale Not Disclosed
  • 30 Jun 2001
    Sold for $148,000

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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 4,136 properties. Over the last 5 years, Houses in Margate have seen a 77.43% increase in median value, while Units have seen a 83.46% increase. As at 30 September 2024:

  • The median value for Houses in Margate is $813,068 while the median value for Units is $708,289.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 37 properties listed for sale, and 27 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Margate.

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