OFF MARKET

8/131 Margate Parade
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 81m2
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Property Details for 8/131 Margate Pde, Margate

8/131 Margate Pde, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 81m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1971
Floor Size
81m2
Land Size
81m2
Local Government
Moreton Bay
Lot/Plan
8/BUP595

Last Listing description (September 2020)

Just across the road from the beach, this seaside getaway is designed to offer a relaxed casual feel and features breathtaking views.

All about the lifestyle, the boutique complex of 9 is metres to the sand, shops and the Sebel Hotel.

-Enjoy viewing the water from your kitchen, dining, lounge and main bedroom

-Updated kitchen with ample cabinetry
-Comfortable bedrooms
-Original bathroom, ready for you to add your personal touch
-Ceiling fans with beautiful breezes all year round
-Undercover single car space
-Short walk to Restaurant, beach and boardwalk

Waterfront opportunities do not present themselves often and normally sell quickly. Hesitate and risk the chance of missing this brilliant opportunity.

* Important: We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.

*** If the property has an advertised time for an inspection, it is requested that you register your interest in attending with us PRIOR to the inspection time. This will allow us to be in a position to best manage the inspection, as we must observe Government Imposed Protocols around the number of people in a property at any one time.

Property History for 8/131 Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$425,000
25 Aug 2020
Listed for Rent
$320/w
08 Feb 2017
  • 25 Aug 2020
    Sold for $425,000
  • 19 Aug 2020
    Listed for Sale Under Contract
  • 08 Feb 2017
    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 4,148 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 48 properties listed for sale, and 32 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 191 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.