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Sold on 16 Oct 2024 for $790,000

7 Rosemary Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 680m2
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Property Details for 7 Rosemary St, Margate

7 Rosemary St, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 680m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1980
Land Size
680m2

Last Listing description (October 2024)

Stop your search - this is the one! Set amongst quality brick & tile properties within a quiet street, this home will be the perfect place for a young family looking to move to the Peninsula and start enjoying the bay-side lifestyle on offer.

A minor renovation in recent years including fresh paint, floor coverings and a renovated bathroom, has transformed this 1980's brick and tile residence to a very livable family home with potential to further the works when time and budget allows.

Features include;

* 3 good sized bedrooms with ceiling fans and built-in robes to beds 1 & 2
* Fully renovated bathroom with separate bath and shower
* Large lounge/dining area with ceiling fan
* Covered outdoor entertainment area
* Double garage with internal entry
* Fully fenced backyard on 680sqm of land

The location is super convenient, under a kilometer to schools, shopping centre, medical facilities and only just over to sandy beaches and kilometers of beachfront walking paths.

There are currently great tenants in place, so notice will need to be given for all inspections – contact Mike to arrange your's today.

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Property History for 7 Rosemary St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$790,000
16 Oct 2024
Listed for Rent
$500/w
06 May 2022
  • 05 Nov 2024
    Sold for $790,000
  • 18 Oct 2024
    Listed for Sale Offers Over $795,000
  • 08 Apr 2022
    Listed for Rent $500 / week
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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 4,139 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 35 properties listed for sale, and 20 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Margate.

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