OFF MARKET

70 Deans Street E
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 921m2
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Property Details for 70 Deans St E, Margate

70 Deans St E, Margate is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 921m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1980
Floor Size
79m2
Land Size
921m2
Local Government
Moreton Bay
Lot/Plan
527/SL2198

Last Listing description (June 2022)

DECEASED ESTATE
Ideally situated between Margate and Woody Point Beaches, this home ticks all the boxes for astute investors and developers alike. Offering 921sqm of land this property has ample space for a renovation, developing your dream home or splitting the block to build two houses (STCA).

Radiating with character the main house includes two large sized bedrooms, an open plan kitchen and dining space and separate lounge. With the addition of a workshop and multipurpose room at the rear of the home there are plenty of options when it comes to deciding where to set up your man-cave, home gym, office or studio.

The addition of a granny flat includes another bathroom and bedroom which gives the opportunity to use it for the extended family or as an investment opportunity as a rental. The flat has had some termite damage to the cypress framing; however, the return on investment capability should offset any mitigation costs.

The fully fenced yard provides easy-care living with established trees, an additional shed and a water tank for water conservation. Abundant parking is available on the front driveway, with a single car garage providing extra peace of mind.

Situated in a prime position this location is only:
2 minutes to Bicentennial Park
3 minutes to Margate Beach
3 minutes to Humpybong State School, Clontarf Beach State High School
4 minutes to Clontarf Beach State School
4 minutes to Redcliffe Hospital
30 minutes to Brisbane

Located in the highly sought-after Redcliffe region this property allows you to take advantage of Brisbane's growing market. Close to a multitude to retail and dining precincts, Margate is at the centre of the very best Redcliffe has to offer. Thanks to the lifestyle offered in this area and the proximity to the CBD astute buyers and investors should move quickly to capitalise on this prime investment.

Water Rates - $1,315.72


Property History for 70 Deans St E, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$552,500
09 Apr 2022
Listed for Rent
$180/w
17 Sep 2005
  • 09 Apr 2022
    Sold for $552,500
  • 17 Feb 2022
    Listed for Sale Not Disclosed
  • 07 Jan 2022
    Listed for Sale Express Sale
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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 41 properties listed for sale, and 26 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 199 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.