OFF MARKET

5/85 Margate Parade
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 108m2
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Property Details for 5/85 Margate Pde, Margate

5/85 Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 108m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
108m2
Local Government
Moreton Bay
Lot/Plan
5/BUP3617

Last Listing description (January 2024)

2 bedroom, 1 bathroom, 1 lockup garage unit with water views and walking distance to the water.

- 1st bedroom with built in wardrobe and direct water views
- 2nd bedroom with built in wardrobe and ceiling fan

- Freshly renovated kitchen with breakfast bar
- Open plan airconiditioned living/dining with direct access to balcony
- Bathroom has a seperate bath and shower
- Internal laundry in bathroom
- Enclosed balcony with direct water views
- Lockup secure garage
- Three flights of stairs to access unit

*Please pre-apply for property. Once your application has been received you will be contacted to organise a viewing of the property.

*Disclaimer* Whilst every care is taken in the preparation of the information contained herein, Crown Properties will not be held liable for any errors in photography, typing or information. All information is considered correct at the time of listing. Any interested parties should make their own sound decision prior to applying.

Property History for 5/85 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$320,000
14 Jul 2010
Listed for Rent
$480/w
11 Jan 2024
  • 08 Jan 2024
    Listed for Rent $480 / week
  • 27 Mar 2023
    Listed for Rent $460 / week
  • 09 May 2022
    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 4,149 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.