OFF MARKET

2/31 Riverdowns Drive
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 378m2
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Last updated 11 Nov 2024
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Property Details for 2/31 Riverdowns Dr, Margate

2/31 Riverdowns Dr, Margate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1982. The property has a land size of 378m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in June 2007.

Building Type
Unit
Year Built
1982
Floor Size
75m2
Land Size
378m2
Local Government
Kingborough
Lot/Plan
2/56598

Last Listing description (September 2024)

This charming two-bedroom home is nestled in a quite cul-de-sac,
As you enter the home, you'll find a cosy living space heated by a reverse cycle heat pump. The kitchen is spacious and has plenty of storage space.

Both bedrooms are well appointed and share a conjoined wardrobe.

One bedroom is single size while the other is a double.

The bathroom is combined with the laundry and has a shower over bath,

There is a small, low maintenance yard with storage options and a shared car park space and one open car park.
Small pets may be considered,

12 Month lease preferred.

**Please feel free to register your interest by clicking on the 'book an inspection' button for an open home (this is a must) and upload a 2apply application after viewing the property (please note: you must view or have someone view on your behalf) when an open home is scheduled you will receive notification via text message or email - whatever is your preferred method of contact**

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Property History for 2/31 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$180,000
26 Jun 2007
Listed for Rent
$400/w
04 Sep 2024
  • 22 Aug 2024
    Listed for Rent $400 / week
  • 26 Jun 2007
    Sold for $180,000
  • 26 Aug 2005
    Sold for $135,000
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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 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.

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