OFF MARKET

4/51 Beach Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 114m2
Land area: 256m2
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Property Details for 4/51 Beach Rd, Margate

4/51 Beach Rd, Margate is a 3 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 256m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2016
Floor Size
114m2
Land Size
256m2
Local Government
Kingborough
Lot/Plan
4/170927

Last Listing description (November 2023)

This well-presented unit is ideal for someone looking to invest in Kingborough.

- Modern, white kitchen with excellent storage

- Light-filled living spaces with Daikin reverse cycle heatpump
- Two updated bathrooms
- Quality appliances
- Miele dishwasher, LG washing machine, induction electric cooktop.
- Master bedroom with ensuite and walk in robe with good joinery.
- 2nd and 3rd bedroom generous in size
- Solar panels - 6.2 kW
- Solar hot water
- Courtyard, grassed area and views to the Mountain. Fully fenced.
- Currently tenanted to March 2024 - $500 per week.
- Body Corporate Insurance: $645 (approx) per annum.
- Rates $1780 (approx) per annum.

Please call Wendy on 0418 561 538 for further information.

** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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Property History for 4/51 Beach Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$585,000
27 Jun 2023
  • 27 Jun 2023
    Sold for $585,000
  • 28 Mar 2023
    Listed for Sale Offers Over $595,000
  • 24 Mar 2015
    Sold for $299,000

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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 17 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Margate.

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