SOLD
Sold on 18 Mar 2024 for $740,000

40 Sorrento Street
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 355m2
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Property Details for 40 Sorrento St, Margate

40 Sorrento St, Margate is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 355m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
64m2
Land Size
355m2
Local Government
Moreton Bay
Lot/Plan
1/SP194785

Last Listing description (September 2019)

Phone enquiry code for this property : 6736
Stylishly renovated 2 bedroom cottage located in an elevated position in one of Margate s most desirable streets. A short stroll leads you to the boardwalk at Margate Beach, schools and the shops with the new rail link close by. Situated in next generation neighbourhood zoning this house is perfectly positioned to be raised to enjoy stunning sea views and with an Asbestos Clearance Certificate this one is out of the box. With high ceilings and polished hardwood floors throughout, the house offers a feeling of space and as you enter the living room you immediately experience the inviting and tranquil atmosphere where you can relax in air conditioning. With plenty of cupboards the contemporary eat-in kitchen flows out to the shady deck which overlooks the lush back garden. This is an ideal spot to spend a lazy afternoon with friends and capture cool sea breezes on a hot summer s day. Both bedrooms are of a good size with built-ins in the master. The second bedroom could be used as a home office having a separate entrance and air conditioning. The modern bathroom is fully tiled and includes a large shower. The carport has high clearance and there is also side access. Call now to view.
Phone enquiry code for this property : 6736

Property History for 40 Sorrento St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$740,000
18 Mar 2024
Listed for Rent
$265/w
08 Nov 2011
  • 18 Mar 2024
    Sold for $740,000
  • 26 Jul 2019
    Sold for $425,000
  • 15 Mar 2019
    Listed for Sale $449,000
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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 4,134 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:

  • 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 39 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.