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Sold on 02 Jul 2024 for $460,000

2/29 Incana Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 78m2
Land area: 224m2
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Property Details for 2/29 Incana Rd, Margate

2/29 Incana Rd, Margate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 224m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Floor Size
78m2
Land Size
224m2
Local Government
Kingborough
Lot/Plan
2/154608

Last Listing description (July 2024)

Presenting a superb opportunity to own a solid, neat, and tidy brick unit, one of just three on the block. Set back from the main road, this property offers a quiet and convenient location.

Step inside to discover open plan living and dining, with sliding doors that lead to a small deck complete with ramp access-perfect for enjoying your morning coffee or entertaining guests. The well-appointed kitchen is ready to cater to your culinary needs.

The unit boasts a large main bedroom, providing a comfortable and spacious area to unwind, and a second bedroom with a small built-in robe, perfect for kids, guests, or as a home office. The bathroom features a separate shower and bath, catering to all preferences. An ample-sized laundry with direct access to the backyard adds to the convenience and functionality of this home.

This property comes with two allocated car parks, ensuring easy access and parking. It's perfectly positioned close to public transport, local schools, and shops, making daily errands and commutes a breeze. Additionally, the popular Dru Point is nearby, offering a fantastic spot for kids to play and for dog-walking enthusiasts.

Heated by a Daikin reverse cycle air conditioner, this unit ensures comfort all year round. The north-facing living area is flooded with natural light, creating a warm and inviting atmosphere throughout the day.

Whether you're an investor looking for a reliable property, a downsizer seeking a low-maintenance home, or a first-time buyer entering the market, this unit ticks all the boxes. Don't miss out on this fantastic opportunity.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Property History for 2/29 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$460,000
02 Jul 2024
Listed for Rent
$300/w
27 Aug 2014
  • 02 Jul 2024
    Listed for Sale Contact Agent
  • 01 Jul 2024
    Sold for $460,000
  • 05 Sep 2017
    Sold for $320,000
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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 1,807 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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Belinda Mudge
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First National Real Estate Kingston
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