OFF MARKET

27 Riverdowns Drive
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 7
Floor area: 87m2
Land area: 795m2
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Property Details for 27 Riverdowns Dr, Margate

27 Riverdowns Dr, Margate is a 2 bedroom, 1 bathroom House with 7 parking spaces and was built in 1979. The property has a land size of 795m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1979
Floor Size
87m2
Land Size
795m2
Local Government
Kingborough
Lot/Plan
16/9528

Last Listing description (April 2022)

Situated in a quiet cul-de-sac location this home is only a short stroll to the Margate shopping precinct in one of Tasmania's fastest growing regions.
Great opportunity to enter the market for first home buyers at an affordable level.
Investors also take note with high demand for rentals, the current tenants at this point in time would like to extend their lease.

The Home features.

2 bedrooms easily converted back to the original 3 bedrooms when built.
Main bedroom has built in robes.
Lounge with adjacent dining area with sliders to side yard.
Kitchen with pantry looking out to backyard.
Bathroom with bath and separate shower plus toilet.
Rear door laundry.
In ground pool , BBQ area with pergola.
Separate double garage with power.
Fully fenced yard with established gardens.

Located around 7 kms from Kingston and 20km to Hobart. Time to make a lifestyle choice and start living the dream.

Inspections see open home times listed.

Roberts Real Estate have obtained all information in this document from sources considered to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.

Property History for 27 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$600,000
24 Jan 2022
Listed for Rent
$360/w
30 Mar 2021
  • 24 Jan 2022
    Sold for $600,000
  • 17 Jan 2022
    Listed for Sale Offers Over $499,000
  • 19 Mar 2021
    Listed for Rent $360 / 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.