OFF MARKET

1/5 Incana Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 244m2
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Property Details for 1/5 Incana Rd, Margate

1/5 Incana Rd, Margate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 244m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
2012
Floor Size
94m2
Land Size
244m2
Local Government
Kingborough
Lot/Plan
1/164067

Last Listing description (February 2019)

Set in the newer homes area of Margate here is your chance to escape your rental and start setting up your own future. This lovely two-bedroom villa is one of the best in Margate, designed so the main living areas capture all day sun it has a northerly aspect and elevated position overlooking parts of Margate and North West Bay.
The lounge/dining and kitchen, with large island bench, is open plan and the whole home is presented in neutral tones with quality fittings and appliances. Both bedrooms are generous in size with built ins and there is a separate laundry and large bathroom with shower, bath, toilet and vanity. At the front of the villa a large private deck for provides for relaxing and outdoor entertaining.
As a bonus, a 16 solar panel system with a total of 3.5KW will address your power bill and a Warm n Dry ventilation system is installed to take advantage of the home's passive solar gain. For those who need extra storage or a small workshop space there is ample room beneath the unit to utilise.

A fully fenced easy care yard provides a safe haven for children or pets and there is off street parking for two vehicles.
The property has convenient access to the Channel Highway, local boat ramps, the mariner, Dru Point playgrounds and golf course and is within walking distance to shops, transport, hotel and school.
It is a cut above the rest in a location that offers convenience, lifestyle, low maintenance living and is part of the limited Architectural Groveleigh Development.
This is the perfect investment property or first home buyer opportunity, an easy commute from Hobart to home, the township of Margate is booming yet still retains a real village feel and lifestyle, which is very refreshing away from the hectic and busy surrounds of inner city living or work.
Call us to arrange your inspection today.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 1/5 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$396,000
12 Jan 2019
  • 12 Jan 2019
    Sold for $396,000
  • 10 Jan 2019
    Listed for Sale Offers over $385,000
  • 06 Mar 2012
    Sold for $265,000

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About Margate 7054

The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of total area. The population of Margate in 2011 was 3,624 people. By 2016 the population was 3,945 showing a population growth of 8.9% in the area during that time. The predominant age group in Margate is 0-9 years. Households in Margate are primarily couples with children 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, 83.3% of the homes in Margate were owner-occupied compared with 81.6% in 2016.

Margate has 1,805 properties. Over the last 5 years, Houses in Margate have seen a 43.18% increase in median value, while Units have seen a 43.01% increase. As at 31 October 2024:

  • The median value for Houses in Margate is $796,004 while the median value for Units is $533,425.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 17 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 7054

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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.