OFF MARKET

24 Riverdowns Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 713m2
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Property Details for 24 Riverdowns Dr, Margate

24 Riverdowns Dr, Margate is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 713m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
House
Year Built
1983
Floor Size
108m2
Land Size
713m2
Local Government
Kingborough
Lot/Plan
21/9528

Last Listing description (December 2015)

This well-established home is tucked away towards the end of a quiet and sunny cul-de-sac. You'll be impressed by the fantastic views over the flood plains and North West Bay estuary. The home has plenty of heating and natural light too. All bedrooms have built-in robes and there is a lockable brick garage. The level block has a garden shed and is relatively low maintenance. Vacant possession is available and it is only a short stroll to all shops and services within the township.

Property History for 24 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$320,000
16 Oct 2015
  • 16 Oct 2015
    Sold for $320,000
  • 01 Sep 2015
    Listed for Sale $335,000 - $350,000
  • 05 Jul 2002
    Sold for $148,000
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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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