OFF MARKET

25 Riverdowns Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 750m2
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Property Details for 25 Riverdowns Dr, Margate

25 Riverdowns Dr, Margate is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 750m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1985
Floor Size
102m2
Land Size
750m2
Local Government
Kingborough
Lot/Plan
15/9528

Last Listing description (February 2021)

This handily located 3 bedroom home is just a short stroll to all local shops and services in ever popular Margate.
The good sized lot is flat and the orientation of the property allows for plenty of all day sun.

Built in 1985, this sturdy brick veneer home would be an ideal first home buyers choice. Some may want to change the slightly retro look of the interior, others may be happy to keep it just the way it is. Either way the home is on a concrete slab construction so it is a solid home for those who would consider any remodelling.

The spacious lounge has both wood heating and electric heating for the cooler days and nights but there is plenty of natural light pouring through several of the large windows.

Accommodation provides 3 bedrooms and the main bedroom has an ensuite also. The main bathroom is small but functional and there is also a separate toilet and laundry.

Through the back door is a concreted, covered porch overlooking the enclosed backyard with a couple of garden sheds and an established vegie and fruit patch including pear, apples and fig trees. A double carport is also a handy addition.

There are views to Mt. Wellington and Sleeping Beauty making for a lovely outlook.

This one is not going to last so we hope to see you at our first inspection this Saturday 16th January 11.30 to 12.00noon.

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Property History for 25 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$481,100
22 Jan 2021
  • 22 Jan 2021
    Sold for $481,100
  • 14 Jan 2021
    Listed for Sale Offers over $430,000
  • 18 Jul 1988
    Sold for $70,000
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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 1,806 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, 54 properties were sold in the past 12 months in Margate.

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