OFF MARKET

4/4 Melinda Court
Margate QLD 4019

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 107m2
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Property Details for 4/4 Melinda Ct, Margate

4/4 Melinda Ct, Margate is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 107m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1970
Floor Size
52m2
Land Size
107m2
Local Government
Moreton Bay
Lot/Plan
4/SP196563

Last Listing description (October 2021)

This one-bedroom unit is perfectly suited to the astute investor, conveniently located in the heart of Margate.

The open plan spacious living area is light-filled and air-conditioned for your comfort. The good-sized kitchen, with Stainless Steel appliances, includes a dishwasher.

The living room opens through sliding doors to a private balcony, perfect for your morning coffee or a glass of wine in the evening.

The generous-sized bedroom has a built-in robe, and ceiling fan.

Also included is a secure, lock-up generous-sized garage with internal laundry.

If you're looking for a great, well-maintained, investment unit, in a quiet a cul-de-sac, in the increasingly popular suburb of Margate - only minutes to the water -then this is the property for you.

This wonderful, well-maintained unit in a tidy and peaceful complex, is all about lifestyle and ease of living and will tick all your boxes. The location and close-proximity to the bay and the Redcliffe lifestyle makes it a great addition to your investment portfolio. Currently tenanted until January 31st, with a fantastic tenant, all you need to do is sit back and watch your investment grow!

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Property History for 4/4 Melinda Ct, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$246,000
15 Sep 2021
Listed for Rent
$225/w
19 Nov 2018
  • 15 Sep 2021
    Sold for $246,000
  • 24 Jun 2021
    Listed for Sale UNDER CONTRACT
  • 15 Nov 2018
    Listed for Rent $225 / 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 4,140 properties. Over the last 5 years, Houses in Margate have seen a 85.74% increase in median value, while Units have seen a 97.06% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $847,891 while the median value for Units is $724,021.
  • Houses have a median rent of $575 while Units have a median rent of $495.
There are currently 36 properties listed for sale, and 21 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Margate.

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