OFF MARKET

5/4 Beach Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 85m2
Land area: 290m2
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Last updated 11 Nov 2024
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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.

Building Type
Unit
Year Built
1989
Floor Size
85m2
Land Size
290m2
Local Government
Kingborough
Lot/Plan
5/57020

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.

Among the many extras include separate laundry, reverse cycle heat pump, single carport and additional park along with spacious low maintenance fully fenced courtyard just perfect for entertaining family and friends.
Inspections are a must to truly appreciate the charm and lifestyle this home offers.

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Property History for 5/4 Beach Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$510,000
05 Apr 2022
Listed for Rent
23 Mar 2022
  • 05 Apr 2022
    Sold for $510,000
  • 28 Mar 2022
    Listed for Sale Offers Over $475,000
  • 15 Feb 2022
    Listed 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 1,805 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 16 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Margate.

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