SOLD
Sold on 28 Jul 2024 for $750,000

62 Van Morey Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Land area: 2097m2
Sold By
Ripple Realty
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Property Details for 62 Van Morey Rd, Margate

62 Van Morey Rd, Margate is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1987. The property has a land size of 2097m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
131m2
Land Size
2097m2
Local Government
Kingborough
Lot/Plan
12/14433

Last Listing description (September 2024)

Set on a sizeable block with a generous floorplan, you will be impressed by this three-bedroom property situated in the popular Channel town of Margate, just 25 minutes from Hobart's CBD.

The home's potential is evident, offering a fantastic opportunity for families keen to take on some basic upgrades and create an ideal contemporary home, or for those interested in investigating the possibility of developing the site with an additional dwelling.

The living room is particularly spacious, and benefits from large windows that let in plenty of natural light and a pleasant outlook over the front garden and surrounding Margate Hills. The room also has air conditioning and a wood heater to keep you comfortable whatever the temperature outside.


A separate dining room leads through to the roomy kitchen that provides a functional work area with ample storage and bench space.

All three bedrooms have built-in storage, and the master has an ensuite and walk-in wardrobe. The central bathroom contains a shower over bath, vanity, and toilet; and there are laundry facilities with direct access outside.

A choice of covered outdoor spaces - both with lovely views over the D'Entrecasteaux Channel - make entertaining easy. There's a sheltered deck at the rear of the property, perfect for relaxed dining or quiet relaxation, as well as a second undercover area that would suit larger gatherings, or even accommodate a covered workspace.

The 2,097sqm fenced block also includes a workshop and garden shed, and off-street parking for two cars. Formerly an impressive garden filled with flourishing produce, there are still some remaining structures to protect crops from birds, which will appeal to green thumbs interested in restoring this area to its former glory. Alternatively, the relatively flat parcel of land is an optimal site for development (STCA).

Kids can walk the 500m to school or down to Margate Memorial Oval to run off some energy. Margate's shops and services - with a new retail development nearing completion - are just around the corner, as well as fabulous playgrounds, walking tracks, and nature reserves all nearby. The daily commute to central Hobart is very manageable, and all the attractions of the picturesque Channel region are within easy reach.

This substantial home in a fast-growing area will appeal to a range of purchasers, so be quick and contact Warwick today to arrange a viewing time, you won't want to miss this outstanding opportunity!

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 62 Van Morey Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$750,000
28 Jul 2024
  • 28 Jul 2024
    Sold for $750,000
  • 02 Jul 2024
    Listed for Sale Not Disclosed
  • 02 Sep 1987
    Sold for $45,000

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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 1,812 properties. Over the last 5 years, Houses in Margate have seen a 41.26% increase in median value, while Units have seen a 44.31% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $793,363 while the median value for Units is $535,063.
  • Houses have a median rent of $560 while Units have a median rent of $468.
There are currently 17 properties listed for sale, and 2 properties 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.