SOLD
RECENT ADVICE
Sold on 26 Sep 2024 for $510,000

3/12 Bundalla Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 229m2
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Property Details for 3/12 Bundalla Rd, Margate

3/12 Bundalla Rd, Margate is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 229m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
2013
Floor Size
85m2
Land Size
229m2
Local Government
Kingborough
Lot/Plan
3/166612

Last Listing description (October 2024)

Fantastic Townhouse in Margate!

Welcome to your ideal low-maintenance townhouse, just moments from the water in Margate's eastern pocket, where convenience meets comfort. Perfect for a range of lifestyles-from first-time buyers to retirees this property is a smart choice, eligible for the First Home Buyers My Home Scheme and State Revenue first home owner duty relief.

Step into the north-facing open-plan living, kitchen, and dining area, designed to soak up sunlight all day long. From the sunny lounge, step onto a charming deck overlooking the fully enclosed backyard and boasting views of the iconic Mt Wellington/Kunanyi-perfect for relaxing evenings.

The kitchen is both modern and stylish, equipped with stainless steel appliances, ample bench space, and plenty of storage. There are two spacious bedrooms, each featuring built-in wardrobes. The upstairs main bedroom enjoys its own private ensuite with shower, toilet, and vanity, while the ground-floor second bedroom is conveniently located next to the main bathroom, complete with a shower and bath.

For added convenience, the single car garage offers remote-controlled entry directly into the home, to keep your pride and joy, plus any additional smaller vehicles and items protected on those wet days, complete with a well-sized laundry area and extra storage space.

Situated within easy walking distance to schools, shops, public transport, Margate boat ramp and Dru Point, this property combines suburban tranquillity with urban convenience. Just 20 minutes from Hobart and close to Kingston, it offers everything you need and more.

Currently vacant, this property presents an excellent opportunity for investors or homeowners alike, with rental potential ranging from $420 to $450 per week. Don't delay-this gem won't stay on the market for long. Call today to schedule a viewing before it's too late!

Call Leigh Duff from Harcourts Kingborough today to arrange a private inspection.

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, a guarantee cannot be assured. The content is intended as advice and such as cannot be taken as absolute fact. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 3/12 Bundalla Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$510,000
26 Sep 2024
Listed for Rent
$350/w
15 May 2019
  • 26 Sep 2024
    Sold for $510,000
  • 30 Jul 2024
    Listed for Sale Offers Over $495,000
  • 29 Apr 2019
    Listed for Rent - Price not available
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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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Harcourts Kingborough
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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.