137A Beach RoadMargate TAS 7054
Property Details for 137a Beach Rd, Margate
137a Beach Rd, Margate is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 360m2 and floor size of 219m2.
Last Listing description (January 2017)
Situated on a level block on sought after Beach Road in popular Margate these two, three bedroom brand new units will soon be completed.
Quality built with modern inclusions they will be finished and ready to walk straight into and enjoy. Both units will have generously proportioned bedrooms, living areas and enclosed yards for secure private living. These units offer comfortable, modern living.
This brand new development is ideal for first home buyers, professionals seeking low maintenance living or retirees looking to downsize but without compromise to quality. Investors will be impressed with the expected rental return to be $320 per week each making this a fantastic option also.
Construction has already started, so if you're quick, you'll be able to secure your pick of the two units. Please enquire anytime for all of the information pertaining to this development.
Property History for 137a Beach Rd, Margate, TAS 7054
- 18 May 2016Listed for Sale Contact Agent
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0About 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.
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