OFF MARKET

5/39 Beach Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 300m2
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Property Details for 5/39 Beach Rd, Margate

5/39 Beach Rd, Margate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 300m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2006
Floor Size
95m2
Land Size
300m2
Local Government
Kingborough
Lot/Plan
5/145019

Last Listing description (November 2022)

Nestled in the heart of Margate, a 5 minute walk to Channel Christian School and Margate Primary School, along with a 10-minute walk to the ever-popular Dru Point Park, a Metro Bus Stop just two minutes away from the front door, this property will suit the savvy investor or a first home buyer looking to get a start in the property market.

The moment you walk through the front door, the open plan living, kitchen and dining is light, spacious and warm. The Kitchen features a dishwasher, under bench oven, hot plates and range hood. The open plan areas are warmed by a Daikin Heat Pump.

Sliding doors from the living room take you out to a deck which will capture the all-day sun and is ideal for a BBQ or two! Access off the deck to your very own fully fenced private yard.

The property has two bedrooms, both with built ins, a good size bathroom including a separate bath and shower.

The laundry contains built ins and provides access to the undercover car port.
The property is flat, low maintenance and is situated in a very quiet area.

An application will need to be submitted to the Body Corporate for any pet.

Body Corporate: $430 per annum

**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.

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Property History for 5/39 Beach Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$500,000
31 Oct 2022
Listed for Rent
$415/w
02 Nov 2021
  • 31 Oct 2022
    Sold for $500,000
  • 20 Sep 2022
    Listed for Sale Price Range $495,000 - $525,000
  • 13 Oct 2021
    Listed for Rent $415 / 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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