SOLD
Sold on 03 Dec 2023 for $760,000

32 Cowen Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 405m2
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Property Details for 32 Cowen St, Margate

32 Cowen St, Margate is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 405m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
110m2
Land Size
405m2
Local Government
Moreton Bay
Lot/Plan
14/RP30377

Last Listing description (January 2024)

Whether you're a keen entry-level buyer seeking a blank canvas to make your own, an astute investor or perhaps you're thinking long-term about a new build or landbank potential, this address is only 350m from the water and is an opportunity that will not come again!

It's a classic home on a tidy 405m2 block, but it still has generous side access so you can bring your boat and weekend toys! It is situated in the favourable Next Generation Zoning, which allows for a wide range of homes to be built with fewer restrictions (speak to MBRC for more information!)

The existing home has a spacious open plan living, dining and kitchen area. There are three bedrooms and a sizeable central bathroom with a separate toilet and laundry room. The backyard is fully fenced and great for kids and pets, with space to add a pool if desired (STCA) and lots of parking is available off-street.

This property would make an ideal leasing opportunity with family homes continuously in high demand on the Peninsula.

It is nearby both Margate Beach and Suttons Beach, near The Sebel Margate, various restaurants, cafes and great nightlife. It is close to Margate Shopping Centre (Woolworths, butcher, bakery and other amenities), Redcliffe Hospital, Westfield North Lakes and various lifestyle amenities. It has easy access to buses, Kippa-Ring's train station and the Gateway Motorway. It is in the catchments of Humpybong State School and Redcliffe State High School, nearby Grace Lutheran Primary and Southern Cross Catholic.

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Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 32 Cowen St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$760,000
03 Dec 2023
Listed for Rent
$350/w
07 Feb 2020
  • 03 Dec 2023
    Sold for $760,000
  • 01 Feb 2023
    Listed for Sale Offers Over $749,000
  • 09 May 2022
    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 4,133 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 38 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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Ray White Redcliffe
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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.