SOLD
Sold on 21 Aug 2024 for $725,000

5/37 Margate Parade
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 114m2
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Property Details for 5/37 Margate Pde, Margate

5/37 Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 114m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
114m2
Land Size
114m2
Local Government
Moreton Bay
Lot/Plan
5/BUP1876

Last Listing description (October 2018)

You ll feel like you re on holiday s all year round in this wonderful unit situated opposite Margate s beachfront.
With light-filled and airy interiors, other features include:
2 spacious bedrooms main with air conditioning and walk in robe, built-in robe to second room

Modern kitchen with plenty of cupboard space
Good-sized living area flowing out to the balcony with ocean views
Bathroom with separate bath and shower
Large internal laundry off kitchen
Single garage
Conveniently located to transport and local shopping centre
Don t miss out on your chance to live the beach lifestyle arrange an inspection now.
To book an inspection please use the RED 'Contact Agent' tab (on a desktop) or RED 'Contact Agent' (on an Android, iPhone or iPad) which will go directly to the person managing the property.

Property History for 5/37 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$725,000
21 Aug 2024
Listed for Rent
$330/w
16 Oct 2018
  • 21 Aug 2024
    Sold for $725,000
  • 25 Sep 2018
    Listed for Rent $330 / week
  • 18 Apr 2016
    Sold for $392,500
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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.

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.