9/47 Ernest StreetMargate QLD 4019
Property Details for 9/47 Ernest St, Margate
9/47 Ernest St, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 104m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Margate in the last 12 months.
Last Listing description (February 2024)
This two-bedroom modern unit is well located, high on the hill and East of Oxley Avenue and just a small stroll to the beach at Margate and Scott's Point. One street over from the boat ramp, close to the schools, shops, public transport, and medical facilities at Margate, this unit is in an ideal location for a coastal lifestyle.
This unit is on the top floor of a complex of 10 units and has beautiful sea views from the north facing sunroom, a great place to sit and watch the boats coming and going out on Moreton Bay. Of course, in this position the home is light and airy and enjoys the lovely sea breezes. With two good sized bedrooms, generous bathroom and living area this unit is calling out to first home buyers, professionals, and investors.
This unit boasts:
- Renovated kitchen and dining, with white cabinetry, wall oven, ceramic cooktop, dishwasher, double pantry and features a glass splashback.
- Good sized lounge with ceiling fan, window shutters and vinyl flooring.
- Master bedroom with fan, double wardrobe and shutter doors leading to the enclosed north facing sunroom.
- Second bedroom with ceiling fan and built in robe.
- Good sized bathroom with bathtub, shower and vanity. Separate toilet.
- Remote entry lock up single garage.
- Storage Shed
- Communal Laundry
- Very low body corporate, $61.55 per week.
Units like this are well sought after and don't last long on the market. If you want to be the next owner of this lovely spot of paradise, please contact me for a viewing.
Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
Property Code: 2084
Property History for 9/47 Ernest St, Margate, QLD 4019
- 18 Dec 2023Sold for $620,000
- 26 Oct 2023Listed for Sale Offers Over $610,000
- 21 Apr 2021Listed for Sale $249,000
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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.
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