OFF MARKET

31 Bundalla Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 700m2
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Property Details for 31 Bundalla Rd, Margate

31 Bundalla Rd, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 700m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
2007
Floor Size
117m2
Land Size
700m2
Local Government
Kingborough
Lot/Plan
16/149699

Last Listing description (November 2022)

This lovely home is an ideal start to any property portfolio or for those looking to scale down. Set on a flat, sunny, fully fenced block this gorgeous property offers low maintenance living in a great location. There is a separate airlock entry to keep the chill out of the main living zone. The home is light filled and has a very sensible floorplan, including dual access from the main bedroom to the bathroom. Outside there is plenty of room to park the caravan, trailer and cars and there is a double garage to park in, play in or simply store things. The enclosed rear garden is secure and great for kids and pets or further gardening pursuits. There are plenty of enjoyable walks, mostly coastal, nearby and a kids play park just around the corner.

Located in a highly sought-after area of Margate, being within walking distance to shops, bus stops, excellent local schools as well as popular Dru Point Bicentennial Park where there are tennis courts, a caf, BBQs, Dog walking park and the boat ramp used by recreational fisherman and boat enthusiasts alike.

If you have been searching for your first home, investment or a home to retire to this outstanding opportunity should not be missed.

Property History for 31 Bundalla Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$750,000
28 Oct 2022
Listed for Rent
$365/w
17 Mar 2015
  • 28 Oct 2022
    Sold for $750,000
  • 25 Oct 2022
    Listed for Sale Offers over $725,000
  • 12 Nov 2017
    Sold for $450,000
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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 1,807 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.