OFF MARKET

481 Nierinna Road
Margate TAS 7054

Bedrooms: 8
Bathrooms: 3
Car spaces: -
Floor area: 151m2
Land area: 15950m2
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Property Details for 481 Nierinna Rd, Margate

481 Nierinna Rd, Margate is a 8 bedroom, 3 bathroom House and was built in 1988. The property has a land size of 15950m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1988
Floor Size
151m2
Land Size
15950m2
Local Government
Kingborough
Lot/Plan
1/36149

Last Listing description (November 2023)

Set in a picturesque setting, this large 6-bedroom family home on just under 4 acres of mixed pasture and some forest is looking for its new owner.

The separate cottage (ancillary dwelling) which has its own entrance off Nierinna Road and faces away from the house for privacy, is ideal for visiting families, rental income or for teenage/adult children to live in whilst they save for their first home. The cottage is surrounded by native plants and feels like a separate home. It is currently tenanted on a short lease.

There are two large living areas in the family home with extensive glazing on the north and east elevations which provide for a light-filled, open interior with good solar access and views of the gardens beyond. The open plan kitchen and dining area create an expansive entertaining space flowing out onto the main covered deck: perfect for entertaining the large family. The polished floorboards provide a warm, utilitarian floor finish throughout the majority of the house. There is a large laundry/boot room conveniently located off the covered deck and kitchen.

The master bedroom has a walk-through robe and ensuite and has French doors opening out to the gardens. Three other bedrooms provide ample accommodation for the large family.

Two further bedrooms, small living area and a kitchenette are located down the staircase with its own entrance which is ideal for teenagers.

Expansive outside deck areas provide a wonderful opportunity for extended outdoor living which draws you into the beautifully landscaped gardens. This provides the best of rural living: large comfortable house on well established, rural land.

Several outbuildings enhance the overall appeal of the property and provide the opportunity for the keen hobby farmer with one fenced paddock already in place. Supplementary water supply is provided by a bore which pumps approx. 1500 litres per hour. 18 solar panels with a 13.2 kW battery makes it an environmentally efficient property.

This country-living home, with a range of walking tracks at your doorstep, offers an enviable lifestyle in the popular suburb of Margate, but only a 15-minute drive to Kingston and a short 30 minutes' drive to Hobart.

- Solar panels on main house
- Separate power and internet to Cottage
- Septic system for both properties
- Tank water x 2 (5,000 plus 10,000 litre) plus concrete tank and bore
- Separate tank to cottage (10,000 litre)
- Brand new guttering
- 2 sheds; cubby house and horse shelter
- Wireless NBN
- Rates: $1900 p.a.

**Elders Real Estate Southern Tasmania has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 481 Nierinna Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$998,000
10 Feb 2023
  • 10 Feb 2023
    Sold for $998,000
  • 03 Aug 2022
    Listed for Sale Offers Over $995,000
  • 19 Nov 1997
    Sold for $105,000
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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 1,806 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.