SOLD
Sold on 04 Jun 2024 for $1,360,000

12 Margaret Street
Scarborough QLD 4020

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 96m2
Land area: 810m2
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Property Details for 12 Margaret St, Scarborough

12 Margaret St, Scarborough is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 810m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Scarborough in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
96m2
Land Size
810m2
Local Government
Moreton Bay
Lot/Plan
142/RP30459

Last Listing description (July 2024)

Discover the ultimate coastal lifestyle at 12 Margaret Street, Scarborough. Positioned just a short 350m away from the waters edge of Scarborough this property boasts an 810m2 block of land and a charming 2-bedroom cottage style home.

Situated mere steps away from the water's edge, the highlight of this gem is its unparalleled development potential, already existing on 2 separate 405m2 lots. Imagine waking up to breathtaking 180-degree water views stretching across to Moreton Island, given this blocks ability to build up to 12 meters high.

This home also offers the ideal move-in-ready, character-filled 2-bedroom residence. Whether you're considering it for immediate occupancy or as an investment property for renting out, the possibilities are limitless!

Property Features:
350m walk to the water
2 bedroom cottage ready to be renovated
3m high ceilings
VJ walls and French doors
Open kitchen and dining area
Single car carport
Air conditioning
2 living areas

Development Features:
810m2 splitter block
Property is already on 2x 405m2 lots
Town houses, apartments, or 2x new builds
Next generation zoning
3 Story 12m high build potential to capture complete water views
21.1m frontage
Land bank, live or rent

In one of the Peninsula's most sought-after suburbs, this property epitomizes the essence of Scarborough living. Situated in the heart of the community, it offers an unparalleled lifestyle with easy access to the waterfront, local schools, cafes, restaurants, parks, markets, and so much more!!

Waterfront (350m), Baan Phaya Thai Restaurant (500m), Pirate Park (1.6km), Redcliffe Sunday Markets (1.5km) All Scarborough Waterfront Landsborough Avenue Restaurants (1.5km), Scarborough State School (1km), Redcliffe State High School (1.8km)

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Property History for 12 Margaret St, Scarborough, QLD 4020

A timeline of how this property has performed in the market
Last Sold
$1,360,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $1,360,000
  • 20 May 2024
    Listed for Sale For Sale
  • 29 Jun 2022
    Sold for $1,300,000
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About Scarborough 4020

The size of Scarborough is approximately 3.3 square kilometres. It has 8 parks covering nearly 6.2% of total area. The population of Scarborough in 2011 was 7,985 people. By 2016 the population was 8,704 showing a population growth of 9.0% in the area during that time. The predominant age group in Scarborough is 50-59 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 57% of the homes in Scarborough were owner-occupied compared with 60% in 2016.

Scarborough has 4,949 properties. Over the last 5 years, Houses in Scarborough have seen a 81.95% increase in median value, while Units have seen a 91.02% increase. As at 31 October 2024:

  • The median value for Houses in Scarborough is $1,064,401 while the median value for Units is $895,953.
  • Houses have a median rent of $635 while Units have a median rent of $628.
There are currently 45 properties listed for sale, and 26 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Scarborough.

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