OFF MARKET

1838 Channel Highway
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 140m2
Land area: 2496m2
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Property Details for 1838 Channel Hwy, Margate

1838 Channel Hwy, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1937. The property has a land size of 2496m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1937
Floor Size
140m2
Land Size
2496m2
Local Government
Kingborough
Lot/Plan
1/53851

Last Listing description (December 2022)

Perfectly situated in sought-after Margate this charming, character home is set on a large, sunny, level approximately 2496 sqm lot, when you come and see the property you will fall in love with the massive backyard and workshops. Set well back from the road, this lovely property is a short stroll from shops and schools whilst feeling private and tucked away from the world.

This home is well presented, with renovations bringing a lovely, light contemporary feel to the property. There are three good sized bedrooms and a family bathroom. With renovated kitchen opening out to the dining area and a separate lounge, there is space for everyone. The kitchen has a fabulous dual fuel cooker and new floating spotted gum flooring. The wiring and plumbing have been upgraded.

Outside in the grounds located close to the home are a garage, workshop and studio, sure to please the most discerning of buyers. There are several raised garden beds and Meredith's fruit and veg store is a 1 minute walk.

This home provides the perfect setup for anyone seeking space and the convenient location that this property will provide.

Property History for 1838 Channel Hwy, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$740,000
06 Oct 2022
Listed for Rent
$520/w
01 Feb 2021
  • 06 Oct 2022
    Sold for $740,000
  • 27 Sep 2022
    Listed for Sale Offers over $750,000
  • 27 Jan 2021
    Listed for Rent - Price not available
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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 16 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.