OFF MARKET

5/75 Margate Parade
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 104m2
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Last updated 11 Nov 2024
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Property Details for 5/75 Margate Pde, Margate

5/75 Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 104m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1978
Floor Size
104m2
Land Size
104m2
Local Government
Moreton Bay
Lot/Plan
5/BUP2762

Last Listing description (October 2021)

Welcome to Margate Beach, a beautiful location where you can watch the sun rise, the boats sail and the marine life frolic in the beautiful setting that is Moreton Bay.

This two bedroom north/east facing apartment is nestled in a boutique complex of only six apartments with this property being only one of two sharing the top floor.

The lifestyle factor that comes with living in a location like this is just amazing, literally a few steps and you are on the sand, or only a 5 minute walk and you are in the Margate shopping precinct, the Sebel Hotel and Humpybong Primary School.

This property is absolutely neat as a pin and is ready for the next owner to simply move in and enjoy, or the astute investor to cash in on this waterfront location.

There is only one waterfront and this sits right on it!!! Call Matt Burton to book your private inspection today!

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Property History for 5/75 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$528,600
01 Sep 2021
  • 01 Sep 2021
    Sold for $528,600
  • 10 Jun 2021
    Listed for Sale Offers Over $525,000
  • 13 Feb 2003
    Sold for $250,000

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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, 198 properties were sold in the past 12 months in Margate.

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