OFF MARKET

4/12 Bundalla Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 230m2
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Last updated 16 Sep 2024
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Property Details for 4/12 Bundalla Rd, Margate

4/12 Bundalla Rd, Margate is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 230m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2013
Floor Size
85m2
Land Size
230m2
Local Government
Kingborough
Lot/Plan
4/166612

Last Listing description (June 2023)

Nestled in the heart of Margate, this two bedroom townhouse is located in a modern complex.
The versatile layout of the home is perfect for a variety of lifestyles.
There's secure parking in the single remote garage with extra storage and laundry with internal access for your convenience. Outdoors, there is enough space for the kids to run around to their hearts content in the fully fenced yard.

There are two large bedrooms both complete with built-in wardrobes, while the main bedroom located upstairs, has access to its own private ensuite with shower, toilet and vanity.
The second bedroom, located on the ground level, is adjacent to the spacious main bathroom, which includes a shower and bath.
Located within walking distance to schools, shops, public transport, Dru Point and all the conveniences that Margate and the Channel have to offer and just a short drive from Kingston.
This property is the perfect investment or alternatively low maintenance home. Currently tenanted until 26/02/2024 at $430 per week.

Call today to book an inspection!

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Property History for 4/12 Bundalla Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$512,500
14 Apr 2023
Listed for Rent
$325/w
12 Dec 2013
  • 14 Apr 2023
    Sold for $512,500
  • 28 Mar 2023
    Listed for Sale Offers Over $490,000
  • 30 Oct 2013
    Listed for Rent $325 / 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 1,815 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.

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