5/4 Beach RoadMargate TAS 7054
Property Details for 5/4 Beach Rd, Margate
5/4 Beach Rd, Margate is a 2 bedroom, 1 bathroom Unit and was built in 1989. The property has a land size of 290m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (May 2022)
This neat and cosy two-bedroom unit is perfect for the first homebuyers, someone looking to downsize or investors. Located in central Margate, with easy access to all nearby amenities and facilities such as local primary school, public transport, cafs and much more.
The perfect fusion of tremendous value and unsurpassed location, this two bedroom residence is perfectly positioned towards the rear of the immaculately presented complex and offers quality accommodation, space and serenity.
The pristine interior provides a light filled environment, featuring two good size bedrooms both with built in robes, serviced by a central bathroom. The well-appointed kitchen features quality appliances, easy clean cabinetry, prep surfaces, overlooking an adjoining dining and family living area.
Inspections are a must to truly appreciate the charm and lifestyle this home offers.
Property History for 5/4 Beach Rd, Margate, TAS 7054
- 05 Apr 2022Sold for $510,000
- 28 Mar 2022Listed for Sale Offers Over $475,000
- 15 Feb 2022Listed for Rent $390 / 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 1,807 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.
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