OFF MARKET

3/55 Ernest Street
Margate QLD 4019

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 67m2
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Property Details for 3/55 Ernest St, Margate

3/55 Ernest St, Margate is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 67m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1982
Floor Size
67m2
Land Size
67m2
Local Government
Moreton Bay
Lot/Plan
3/BUP5519

Last Listing description (October 2023)

This beautiful unit is in a great location East of Oxley Avenue with a short stroll to Margate Beach and its parkland and walking paths. Situated in a small, quiet complex of five units, this is a ground floor position with a garden outlook.

Recently renovated with new paint, vinyl flooring and carpet. kitchen and bathroom cabinetry.

Light and airy unit with plenty of windows to capture the sea breezes.

Well designed eat in kitchen with electric cooking and rangehood.

Open plan lounge.

Spacious bedroom with built in robe.

Combined laundry and bathroom.

Security screens throughout.

Designated carport could easily be turned into a garage.

This is a delightful location and you can easily access shopping centres, doctor's surgeries and bus transport.

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property Code: 2057

Property History for 3/55 Ernest St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$355,000
12 Sep 2023
Listed for Rent
$250/w
13 Feb 2019
  • 12 Sep 2023
    Sold for $355,000
  • 06 Sep 2023
    Listed for Sale Offers Over $349,000
  • 08 Feb 2019
    Listed for Rent $250 / 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 4,131 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 35 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.