OFF MARKET

1/51 Beach Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 237m2
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Property Details for 1/51 Beach Rd, Margate

1/51 Beach Rd, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 237m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Land Size
237m2
Local Government
Kingborough
Lot/Plan
1/170927

Last Listing description (March 2016)

Brand New Unit For Sale.
This sunny and spacious level brick unit is now for sale.
A well-designed floorplan with top quality finishes.

An impressive kitchen with plenty of cupboards and counter space.
The roomy open plan living area is light and bright with lovely tranquil views.
Both bedrooms are big and spacious with generous built-in robes.
A well designed bathroom with both bath and shower.
A European style laundry behind bi-fold doors.
Low maintenance garden, with a garden shed.
A great and convenient location.
Perfect to live in or to rent out.
The rental appraisal estimated a weekly return of approximately $280 per week.
Call Sue to view.

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Property History for 1/51 Beach Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$265,000
04 Dec 2015
  • 04 Dec 2015
    Sold for $265,000
  • 27 Aug 2015
    Listed for Sale Not Disclosed

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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 1,807 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 15 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Margate.

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