OFF MARKET

55 Esplanade
Margate TAS 7054

Bedrooms: 4
Bathrooms: 4
Car spaces: 8
Floor area: 202m2
Land area: 1228m2
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Property Details for 55 Esplanade, Margate

55 Esplanade, Margate is a 4 bedroom, 4 bathroom House with 8 parking spaces and was built in 2007. The property has a land size of 1228m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in January 2005.

Building Type
House
Year Built
2007
Floor Size
202m2
Land Size
1228m2
Local Government
Kingborough
Lot/Plan
1/145955

Last Listing description (February 2023)

This absolute waterfront property boasts sweeping panoramic views over North West Bay and is only 20-30 minutes south of Hobart. The generous 1540m2 block hosts a sleek, contemporary residence designed with clean, fluid lines and a close connection to the outdoors.

A northerly aspect with walls of glass frames the uninterrupted water views from the kitchen and living areas. There is a wonderful functional automation throughout, allowing low maintenance living along with the sense of effortless luxury provided when the right attention has been applied to fixture, fitting and finish.

The amenity is high calibre: 4 bedrooms and bathrooms, the master with a dressing room; study; media/cinema room; wine cellar; outdoor kitchen and entertaining area; ample storage and garaging for 3 cars. The private jetty, dry dock, 2 moorings and rib ensures paradise for the boating enthusiast.

A short stroll along the Esplanade leads to Dru Point Bicentennial Park, with playground, kiosk, picnic facilities and scenic foreshore walking track. All this and more from this exceptional private retreat.

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Property History for 55 Esplanade, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$85,000
10 Jan 2005
  • 16 Oct 2019
    Listed for Sale Offers over $2.85 million
  • 21 Dec 2018
    Listed for Sale Contact agent
  • 10 Jan 2005
    Sold for $85,000
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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 1,815 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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