OFF MARKET

54 Van Morey Road
Margate TAS 7054

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 123m2
Land area: 1991m2
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Property Details for 54 Van Morey Rd, Margate

54 Van Morey Rd, Margate is a 4 bedroom, 1 bathroom House and was built in 1956. The property has a land size of 1991m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1956
Floor Size
123m2
Land Size
1991m2
Local Government
Kingborough
Lot/Plan
8/14433

Last Listing description (November 2023)

Located in Van Morey Road, with stunning views over North West Bay is this character home with Council Approval for development of an additional three units.

The existing home provides four spacious bedrooms, an open plan kitchen/dining and family room with an additional sitting room currently being utilized as a fifth bedroom.

The newly renovated family bathroom features a built-in bath with shower and a single vanity.

The kitchen is spacious and includes an electric oven, hot plates, rangehood and overlooks the entertainment deck.

Floorboards are featured throughout the home and are complemented by the high ceilings.

The home is light filled and benefits from a large entertaining deck which provides stunning water views and views over the large 1991m2 gently sloping block.

The home is heated by a choice of woodheater or two reverse cycle heat pumps with an additional wall heater.

There are plenty of storage options along with a fully lined shed located at the rear of the property.

The home is located within walking distance of both public and private schools, local shops and the ever-popular Dru Point Bicentennial Park.

**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 54 Van Morey Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$660,000
21 Jun 2023
  • 21 Jun 2023
    Sold for $660,000
  • 19 May 2023
    Listed for Sale Offers over $800,000
  • 15 May 2004
    Sold for $320,000
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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, 54 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.