25a Sorrento St, Margate is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 405m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
A short stroll from Margate Beach, certainly close enough to enjoy cooling ocean breezes, is this perfectly formed contemporary single-storey family residence. Making its market debut since being built in 2019, with a quality brick construction, functional design and resort-like lifestyle location proving a winning formula for both owner-occupiers and investors.
The beauty is in the modern simplicity of this three-bedroom home, which flows ideally from a study at the entry to the covered outdoor entertaining accessed via a welcoming open-plan kitchen/living/dining area. A substantial fully-fenced backyard is a wonderful asset for energetic children, playful pets and green thumbs dreaming of a bountiful veggie patch.
*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.
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 4,145 properties. Over the last 5 years, Houses in Margate have seen a 81.48% increase in median value, while Units have seen a 72.95% increase. As at 31 July 2024:
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