OFF MARKET

5/131 Margate Parade
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 81m2
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Last updated 28 Oct 2024
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Property Details for 5/131 Margate Pde, Margate

5/131 Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 81m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in January 2009.

Building Type
Unit
Year Built
1971
Floor Size
81m2
Land Size
81m2
Local Government
Moreton Bay
Lot/Plan
5/BUP595

Last Listing description (February 2018)

This 2 bedroom beachfront unit has been built to last. The solid construction continues inside as all internal walls are rendered brick - Perfect as an investment (its virtually indestructible!) or as your first home (look at the price point!) or for your retirement lifestyle. Imagine waking to views of the beach and bay; you can relax and enjoy watching the boats sail past and you are next door to popular cafe, restaurant and only minutes from Major shopping and all the amenities.
Features: 2 Bedrooms, space saving combined Bathroom and Laundry, and undercover carport, Open plan living, functional kitchen with breakfast bar, Large secure sunroom with waterfront views, 2 large bedrooms main with Built in Robe, Security screens and doors, Solid double brick construction this unit is ready for you to ad your own personal touches.
Location: 50m to beach, 100m to bus stop, 250m to Sutton Beach Park, 550m to Oxley Avenue shops, 1km to Lagoon, 1.9km to Redcliffe jetty, 1.2km to Blue Water Square Shopping Centre, 2.2km to Redcliffe Hospital

Margate is a seaside suburb on the peninsula with a 2 km stretch of beach featuring a timber boardwalk, viewing shelters and seating, and barbecue facilities, with views to Moreton Island over sandy beaches and the bay.
There's plenty of shopping & dining options available nearby & famous Sutton Beach with lagoon within a short stroll of your front door.
Call now to arrange an inspection as units this close to the water's edge will sell fast!!

Property History for 5/131 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$315,000
16 Jan 2009
Listed for Rent
$280/w
14 Feb 2012
  • 23 Oct 2017
    Listed for Sale $424,900.neg
  • 21 Oct 2011
    Listed for Rent - Price not available
  • 18 Mar 2009
    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 4,136 properties. Over the last 5 years, Houses in Margate have seen a 77.43% increase in median value, while Units have seen a 83.46% increase. As at 30 September 2024:

  • The median value for Houses in Margate is $813,068 while the median value for Units is $708,289.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 37 properties listed for sale, and 27 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 198 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.