34a Dunbar St, Margate is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
With a northerly aspect and a family-friendly floor plan, this dual level residence is located close to the beach and all amenities. This is the perfect opportunity for an investor with a long term tenant paying an attractive return. An owner occupier can make the most by placing a tenant or elderly family member downstairs.
Three bedrooms upstairs and a self-contained council approved one bedroom unit downstairs is generous in space with the double lock up garage divided for each occupier. Upstairs can capture ample natural light through the sun room and you can relax on the front balcony.
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:
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