SOLD
Sold on 29 Jan 2024 for $670,000

229 Victoria Avenue
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 630m2
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Property Details for 229 Victoria Ave, Margate

229 Victoria Ave, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 630m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
90m2
Land Size
630m2
Local Government
Moreton Bay
Lot/Plan
1/RP86431

Last Listing description (May 2024)

Discover this charming post-war weatherboard home nestled on Victoria Avenue in Margate, showcasing a generous 630m2 block with convenient side access. This property boasts a host of enticing features and a prime location within Margate's finest offerings.
Impeccably maintained and brimming with potential, the layout of this home emphasizes seamless flow throughout.
Noteworthy property features include:

3 Bedrooms, each equipped with ceiling fans for comfort
Recently renovated kitchen with modern appliances
Family bathroom featuring a shower over the tub
Front porch, providing a perfect spot to relish the cool sea breezes
Garden Shed
Expansive, fully secure backyard, ideal for children and pets to play
Complete with full screening and air conditioning

This property has been a rental property, but tenants are vacating.

This property is a versatile option for astute investors looking to land bank or for those with aspirations to build their dream home in the future. It also offers an enticing chance to expand your property portfolio.
For further details or discussions about this property, feel free to contact Aarthi

Property History for 229 Victoria Ave, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$670,000
29 Jan 2024
Listed for Rent
$425/w
04 Dec 2020
  • 29 Jan 2024
    Sold for $670,000
  • 08 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Nov 2020
    Listed for Rent $425 / week
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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, 199 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.