SOLD
RECENT ADVICE
Sold on 05 May 2024 for $520,000

28/1684 Channel Highway
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 395m2
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Property Details for 28/1684 Channel Hwy, Margate

28/1684 Channel Hwy, Margate is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 395m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
102m2
Land Size
395m2
Local Government
Kingborough
Lot/Plan
28/163310

Last Listing description (May 2024)

Calling all first-time buyers, savvy investors and experienced downsizers, this could be the home for you. With a flexible yet low-maintenance floorplan and a sought-after Margate location, there's no end to the appeal of this picture-perfect property.

Warm natural light floods the open-plan living and dining area complete with on-trend flooring, a heat pump and an open-plan cook's kitchen. U-shaped benchtops and an abundance of storage will make catering for loved ones an absolute joy plus there's also a suite of quality appliances including a dishwasher and a rangehood.

Depending on your needs, you can choose to enjoy this home as a cosy two-bedroom, one-bathroom abode with a second living area or utilise the bonus space as a third bedroom for extra sleeping accommodation. Bedrooms one and two both boast built-in robes while the flexible third bedroom would make the perfect home office, lounge or kids' playroom with direct access to the outdoors.

Completing the interior is a good-size storage space and a central laundry for total functionality.

Outside, hosting guests will be a dream on the sun-soaked deck overlooking the fenced, low-maintenance and private backyard. Add your own touches, indulge your green thumb or simply kick back, relax and relish this versatile outdoor area, the choice is all yours.

This sought-after location promises endless convenience with so many must-have amenities only moments from your front door. Local bus stops, shops and dining options are all at your fingertips and you're just steps from the Margate Rivulet Walking Track which will delight those who like to get out amongst nature. Nearby beaches and the Dru Point Bicentennial Park are also just waiting to be explored and you're within easy reach of the centre of Margate and major roads connecting you to Kingston, Blackmans Bay and of course, the Hobart CBD.

Property History for 28/1684 Channel Hwy, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$520,000
05 May 2024
  • 05 May 2024
    Sold for $520,000
  • 15 Apr 2024
    Listed for Sale $529,000
  • 13 May 2020
    Sold for $365,000
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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.

Suburb Insights for Margate 7054

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Contact agent
Todd Stevenson
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Elders Tasmania
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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.