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Sold on 30 Nov 2023 for $882,000

299 Nierinna Road
Margate TAS 7054

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
Floor area: 195m2
Land area: 2.72ha
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Property Details for 299 Nierinna Rd, Margate

299 Nierinna Rd, Margate is a 4 bedroom, 3 bathroom House with 5 parking spaces and was built in 1994. The property has a land size of 2.72ha and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1994
Floor Size
195m2
Land Size
2.72ha
Local Government
Kingborough
Lot/Plan
16/7339

Last Listing description (November 2023)

On entry, very generous living spaces, plenty of bedrooms, and a home office give great freedom inside the home. Six and a half acres of partly cleared land and bushland give peaceful serenity outside.

This character cedar cottage-style home is a great size & offers an extraordinary opportunity to enter the lifestyle property market on acreage in a home of this size, in this price range. Yes, there is room to improve if you wish. True for almost all properties. This is a great floor plan for the family. The living spaces are at either end, the master bedroom suite and office join them downstairs, and all other bedrooms and a bathroom are upstairs. The home is discreet from the road and has enough cleared area for animals to welcome you home.

If you are in the market for a rural retreat lifestyle property in the channel to fit the family this one is a very affordable option and a must see.

Property History for 299 Nierinna Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$882,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $882,000
  • 01 Nov 2023
    Listed for Sale Offers over $895,000
  • 13 Oct 2022
    Sold for $855,000
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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 1,805 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 16 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.

Suburb Insights for Margate 7054

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Contact agent
Warren Lashmar
Show contact details
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.