OFF MARKET

5/83 Margate Parade
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 104m2
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Last updated 9 Sep 2024
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Property Details for 5/83 Margate Pde, Margate

5/83 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 67m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1978
Floor Size
67m2
Land Size
104m2
Local Government
Moreton Bay
Lot/Plan
5/BUP3181

Last Listing description (May 2018)

Panoramic views of Moreton Bay greet you as soon as you walk in to this renovated 2-bedroom top floor apartment. Walking through the front door into the generous living space, you can't help but notice the abundance of natural light that effortlessly illuminates the entire apartment, with a stunning outlook you could only dream of, allowing you to soak up those undisturbed amazing 180 degree views.
Featuring a modern kitchen with dishwasher, electric stove, tiled splashback, and loads of storage, plus a great sized living area with air conditioning and balcony access. Both bedrooms are generous in size with built in wardrobes, and the master also including air conditioning and sea views. Also featuring a very spacious bathroom, with a well thought out design and exposed brick feature wall, plus both a shower and a bath.
Tiled through all common areas for easy cleaning and maintenance, and a neutral colour scheme throughout, you have the freedom to decorate as you please with a splash of colour or your own unique flare, and the expanse of Moreton Bay as your inspiration.

The New Tenant Will Enjoy:
Stunning views
Balcony overlooking Margate Beach and Moreton Bay
Two bedrooms (master with air conditioning)
Built in wardrobes in both bedrooms
Modern kitchen, with dishwasher and heaps of storage
One bathroom, with bath and shower
Separate toilet
Single lock up garage
Contact Caleb Reis to view this spectacular unit!

Property History for 5/83 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$428,500
03 Mar 2018
Listed for Rent
$430/w
04 May 2018
  • 27 Mar 2018
    Listed for Rent - Price not available
  • 03 Mar 2018
    Sold for $428,500
  • 06 Feb 2018
    Listed for Sale Presenting All Offers
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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 4,149 properties. Over the last 5 years, Houses in Margate have seen a 82.13% increase in median value, while Units have seen a 76.71% increase. As at 31 August 2024:

  • The median value for Houses in Margate is $803,577 while the median value for Units is $687,856.
  • Houses have a median rent of $580 while Units have a median rent of $475.
There are currently 46 properties listed for sale, and 36 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 202 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.