SOLD
Sold on 05 Sep 2024 for $1,085,000

77 Albert Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 830m2
Sold By
Belle Property Redcliffe
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Property Details for 77 Albert St, Margate

77 Albert St, Margate is a 3 bedroom, 1 bathroom House and was built in 1965. The property has a land size of 830m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
110m2
Land Size
830m2
Local Government
Moreton Bay
Lot/Plan
37/RP30315

Last Listing description (November 2024)

Discover the perfect blend of charm and opportunity with this character-filled property, situated on two generous lots totalling 830 square metres. This delightful 3-bedroom home boasts stunning timber floorboards and classic VJ panelling throughout, offering timeless elegance with modern comforts.

Step into the heart of the home-a beautifully renovated kitchen seamlessly integrated with an open-plan dining area. Enjoy the seamless flow to the rear deck, where you can unwind while overlooking the spacious, fully fenced backyard-ideal for family fun or peaceful relaxation.

Key features include:

- 830m2 with 19.8m frontage - over two lots - Lot 37 & Lot 38!
- Solar System for energy efficiency
- Ducted Air-Conditioning for year-round comfort
- Carport for convenient parking
- Side Access
- Development Potential to explore future opportunities

Located just 1km from the beach, and equally close to Margate Village Shopping, great schools, and public transport, this property is perfect for young families and savvy investors alike. Embrace the lifestyle and potential that this wonderful Margate gem has to offer!

Seize the opportunity to make this property your home or your next development site. Contact us today for more details!

Property Outgoings & Rental Projection;
- Council Rates - $746/qtr
- Water Rates - $445/qtr
- Projected Weekly Rental - $600 - $650/week

* This property listing has been digitally staged.

Property History for 77 Albert St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,085,000
05 Sep 2024
Listed for Rent
$465/w
30 Apr 2021
  • 05 Sep 2024
    Sold for $1,085,000
  • 12 Aug 2024
    Listed for Sale $1,085,000
  • 30 Apr 2021
    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 4,134 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 37 properties listed for sale, and 26 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 194 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.