OFF MARKET

126A Beach Road
Margate TAS 7054

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 126a Beach Rd, Margate

126a Beach Rd, Margate is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987.

Building Type
Unit
Year Built
1987
Local Government
Kingborough

Last Listing description (November 2019)

This one bedroom unit is a perfect start for first home buyers, an excellent downsizer or for those investors looking for an affordable well maintained property the possibilities are endless.The main room contains a kitchenette, laundry sink, room for table & chairs and a lounge. Off the double bedroom is the bathroom with shower and vanity. Outside there is plenty of room to park your caravan or boat, with a lovely fully fenced sunny back yard.The property is conveniently situated in the heart of Margate, with just a short walk to the water, Dru Point Park and boat ramp, public transport and shops.Call today, don't miss this great opportunity.

Property History for 126a Beach Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
  • 09 Oct 2019
    Listed for Sale Best offer over $245,000
  • 06 Feb 2013
    Listed for Sale $165,000
  • 06 Jun 2012
    Listed for Sale $165,000

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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.