OFF MARKET

5/14 Crimson Drive
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 247m2
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Last updated 11 Nov 2024
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Property Details for 5/14 Crimson Dr, Margate

5/14 Crimson Dr, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 247m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2006
Floor Size
99m2
Land Size
247m2
Local Government
Kingborough
Lot/Plan
5/144687

Last Listing description (February 2023)

This well presented & conveniently located two bedroom unit is set back from the street in a quiet complex, only minutes away from local shops, schools and public transport.

- Two spacious bedrooms, both with built ins

- Modern kitchen with ample storage space and dishwasher
- Two-way bathroom with separate bath and shower
- Low maintenance yard with a garden shed
- Off street parking for one vehicle
- Fridge, dining table and coffee table included.

Available from 24/03/2022
12 month lease available
Pets considered upon application

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Property History for 5/14 Crimson Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$510,000
28 Sep 2021
Listed for Rent
$460/w
10 Feb 2023
  • 10 Feb 2023
    Listed for Rent $460 / week
  • 19 May 2022
    Listed for Rent $430 / week
  • 28 Sep 2021
    Sold for $510,000
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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.

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