OFF MARKET

554 Van Morey Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 6330m2
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Property Details for 554 Van Morey Rd, Margate

554 Van Morey Rd, Margate is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 6330m2 and floor size of 107m2.

Building Type
Unit
Year Built
1980
Floor Size
107m2
Land Size
6330m2
Local Government
Kingborough
Lot/Plan
1/244177

Last Listing description (October 2009)

CHARACTER HOME WITH BUSH SERENITY AND PRIVACY
THIS UNIQUE 16.92 HECTARE PROPERTY (AROUND 42 ACRES) HAS IMMENSE CHARACTER AND PRIVACY AND HAS THE DISTINCT ABSENCE OF VEHICLE SOUNDS ALTHOUGH IT IS SITUATED CLOSE TO MARGATE AND WITHIN A SHORT COMMUTING DISTANCE TO THE CITY. WITH VIEWS TOWARDS NORTH WEST BAY AND MT WELLINGTON THE 3 BEDROOM HOME IS BUILT AT THE END OF A LOVELY WINDING DRIVEWAY AND HAS A PERVASIVE FEELING OF PERMANENCE AND PEACE. ABUNDANT USE OF TASMANIAN MINOR SPECIES TIMBERS HAS BEEN USED TO CREATE A COMMANDING DWELLING WITH LARGE ROOMS, CATHEDRAL CEILINGS, SOLID BEAMS AND SUNNY OUTLOOK. PART OF THE HOUSE IS BRICK AND AN OUTDOOR AREA AT THE BACK WITH COVERED VERANDAH IS BORDERED BY A CHARMING STONE BUILT RETAINING WALL. THERE ARE 4 DAMS ON THE PROPERTY AND A DOLOMITE QUARRY (THE STONE BEING USED TO FORM THE ROAD). THERE IS A 14M X 8M SHED WITH POWER AND AN EXTENSIVE BUT OPEN WORKSHOP AREA. A SMALL STUDIO IS LOCATED AT A LOWER LEVEL FROM THE HOUSE AND HAS CELERY TOP PINE CLADDING AND HAS BEEN FITTED WITH A SPRINKLER SYSTEM OVER THE ROOF. THERE ARE MANY ASPECTS OF THE PROPERTY BETTER SEEN IN THE FLESH. A 10 MINUTE DRIVE TO MARGATE AND 30 MINUTES TO HOBART.

Property History for 554 Van Morey Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Listed for Rent
$175/w
13 Sep 2012
  • 24 Jun 2012
    Listed for Rent $175 / week
  • 10 Mar 2012
    Listed for Rent - Price not available
  • 02 Nov 2011
    Listed for Rent - Price not available
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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 17 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 53 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.