OFF MARKET

21 Riverdowns Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 964m2
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Property Details for 21 Riverdowns Dr, Margate

21 Riverdowns Dr, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1984. The property has a land size of 964m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1984
Floor Size
115m2
Land Size
964m2
Local Government
Kingborough
Lot/Plan
13/9528

Last Listing description (December 2023)

This solid three bedroom brick and tile home is a very short stroll to Banjo’s bakery, shops and schools in Margate. It is a sunny and quiet area in a no through road and if you don’t have a car it’s not a problem as there is public transport very close by.

The spacious lounge room has a Jarrahdale wood heater to keep the house toasty warm and the dining family room is also an impressive size. Some new carpets and curtains would certainly give the home an instant facelift.

All bedrooms have built in robes and the family bathroom has a separate shower and bath. The toilet is also separate as is the laundry; with easy access out to the clothes line.

The level block of approximately 964m2 is pretty much a blank canvas with many possibilities.

It is only 8 minutes drive to Kingston and less than 25 minutes to Hobart. With the new Margate Shopping centre well under construction, properties like these will become more and more popular. Brookfield Shed is only 2 minutes down the road and you also have the local bowls club and the North West Bay Golf Club too.

The property is vacant and ready for it’s new owner.

Be sure to come and inspect this property at one of our upcoming open homes.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 21 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$642,000
03 Oct 2023
Listed for Rent
$525/w
20 Jun 2023
  • 03 Oct 2023
    Sold for $642,000
  • 01 Aug 2023
    Listed for Sale Not Disclosed
  • 20 Jun 2023
    Listed for Rent $525 / week
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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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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.