OFF MARKET

18 Riverdowns Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 114m2
Land area: 841m2
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Last updated 11 Nov 2024
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Property Details for 18 Riverdowns Dr, Margate

18 Riverdowns Dr, Margate is a 3 bedroom, 1 bathroom House. The property has a land size of 841m2 and floor size of 114m2.

Building Type
House
Floor Size
114m2
Land Size
841m2
Local Government
Kingborough
Lot/Plan
24/9528

Last Listing description (October 2022)

Be the envy of all your friends and family by owning a well-designed, north facing 3 bedroom home built for making magical Margate memories.
The home has an open plan design and has been tastefully renovated allowing you to simply move in. It's the perfect home to cater for any growth or to simply live in and enjoy the lifestyle benefits both the home and Margate have to offer.
Two large windows in the open plan living allow you to cast your gaze out past the expansive backyard area, if you look further out you'll see the private wetlands with the backdrop of Mount Wellington, Sleeping Beauty and beyond. All from the convenience of your spacious, sun filled living room.

The large backyard is the perfect area for outdoor activities, also featuring a variety of established fruit trees and a conveniently located garden shed, perfect for storage or the keen gardener.
Being a Ronald Young build with the one occupier looking after the home, there is no question to the quality or care taken with this home.
There is Tasmanian oak flooring beneath the carpet, so the potential to remove the carpet and have the beautiful timber floor on display is a path to consider.
Right here is an opportunity to own a unique type of property with plenty of potential for further embellishment.

Property History for 18 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
  • 23 Aug 2022
    Listed for Sale Offers Over $665,000
  • 11 May 2022
    Listed for Sale Offers Over $665,000

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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 1,806 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, 54 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.