OFF MARKET

242 Nierinna Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 98m2
Land area: 12350m2
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Last updated 16 Sep 2024
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Property Details for 242 Nierinna Rd, Margate

242 Nierinna Rd, Margate is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 12350m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1990
Floor Size
98m2
Land Size
12350m2
Local Government
Kingborough
Lot/Plan
1/16000

Last Listing description (July 2023)

This private western red cedar home is nestled on 1.24 ha (approx. 3 acres) north facing bush block.The tranquil and ambient nature of the property is ideal for those wanting a more relaxing lifestyle.Inside the light filled home is a lounge room with both a free standing wood heater and a Panasonic reverse cycle heat pump.The timber deck wraps around the full length of the home and a sizeable area of decking outside the kitchen window is ideal for alfresco dining and has a fire pit in the corner for those cooler evenings.The main bedroom is of a generous size and the bathroom has both a separate shower and bath.The home would ideally suit an active couple downsizing or be a great starting out property for the first home buyer.There is a wood shed, garden shed and lockable tool shed. The driveway is sealed down from Nierinna Road and has enough room for 3 or 4 vehicles.The rural outlook is soothing and it is only 2.5 kms into the hub of Margate.Make sure you put this beauty on your real estate shopping list.Offer Over $595,000

Property History for 242 Nierinna Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$615,000
15 Mar 2023
Listed for Rent
$280/w
17 May 2014
  • 15 Mar 2023
    Sold for $615,000
  • 06 Mar 2023
    Listed for Sale Sold
  • 29 Jun 2020
    Sold for $410,000
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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 1,815 properties. Over the last 5 years, Houses in Margate have seen a 44.02% increase in median value, while Units have seen a 50.72% increase. As at 31 August 2024:

  • The median value for Houses in Margate is $794,525 while the median value for Units is $553,575.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Margate.

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