SOLD
Sold on 08 Apr 2024 for $960,000

25 Beach Road
Margate TAS 7054

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 214m2
Land area: 1986m2
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Property Details for 25 Beach Rd, Margate

25 Beach Rd, Margate is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1974. The property has a land size of 1986m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1974
Floor Size
214m2
Land Size
1986m2
Local Government
Kingborough
Lot/Plan
10/63683

Property History for 25 Beach Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$960,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $960,000
  • 26 May 1992
    Sold for $140,000
  • 20 Mar 1989
    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 1,815 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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