SOLD
Sold on 15 Nov 2023 for $530,000

21/1684 Channel Highway
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 305m2
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Property Details for 21/1684 Channel Hwy, Margate

21/1684 Channel Hwy, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 305m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
75m2
Land Size
305m2
Local Government
Kingborough
Lot/Plan
21/163310

Last Listing description (November 2023)

With neutral tones throughout, consisting of new floating flooring in the open plan kitchen/lounge/dining and hallway areas, combined with a low maintenance backyard makes this unit/villa a great opportunity for those looking to downsize, buy their first property or for investment.

The kitchen is flooded with natural light and has ceramic hotplates, dishwasher, separate oven and rangehood.

There are two good-sized bedrooms, both with built-in wardrobes.

The bathroom is modern with separate shower and bath.

The unit/villa is heated by a reverse cycle heat pump making it a lovely cozy place to relax.

The fully fenced backyard has been beautifully landscaped to a high standard with raised garden beds, and your very own cherry, plum and apple trees. There are two garden sheds for storage and the backyard is complemented by your very own gazebo to sit and enjoy a meal or two.

Parking is not a problem; the unit/villa has two car spaces inclusive of a single car garage with electric roller door which has internal access to the Unit/Villa. The laundry is in the garage and has additional access to the back yard.

Margate is a fantastic community, with local shops, schools, and public transport all within a short walk, a twenty-minute drive will take you to the heart of the Hobart CBD.

Brookeside Villas are pet friendly, subject to body corporate approval.

Estimated Rental Income per week $460.00.

** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 21/1684 Channel Hwy, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$530,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $530,000
  • 25 Jan 2023
    Listed for Sale $535,000
  • 15 Apr 2013
    Sold for $245,000

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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.

Suburb Insights for Margate 7054

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Louise Wallace
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ELDERS REAL ESTATE SOUTHERN TASMANIA
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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.