OFF MARKET

3/29 Incana Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 75m2
Land area: 207m2
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Property Details for 3/29 Incana Rd, Margate

3/29 Incana Rd, Margate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 207m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2008
Floor Size
75m2
Land Size
207m2
Local Government
Kingborough
Lot/Plan
3/154608

Last Listing description (September 2023)

An excellent opportunity to buy this neat and tidy 2 bedroom unit in the centre of Margate.
The tenants keep the property in a good condition have a lease until January 2024.
Being only 1 of 3 villa units, it is tucked away from the street in quiet and sunny location.

The unit has open plan living and a well designed kitchen. Both of the bedrooms have built in robes and the main bathroom has a separate shower and bath.
A good sized laundry has steps out to the clothes line and there is also a timber deck off the lounge.
There are 2 car parking spots available and the grounds are level. Walking to the esplanade and Dru Point Reserve is a breeze with several tracks and trails leading there.
No body corporate fees are payable makes this a fantastic investment.
Public transport is across the road and schools and shops in Margate are all a short 2 minute drive away.

$450,000 - $475,000

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Property History for 3/29 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$445,000
11 Apr 2023
Listed for Rent
29 Dec 2021
  • 11 Apr 2023
    Sold for $445,000
  • 08 Mar 2023
    Listed for Sale Sold
  • 10 Dec 2021
    Listed for Rent $400 / 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.

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