OFF MARKET

7 Riverdowns Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 125m2
Land area: 1113m2
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Property Details for 7 Riverdowns Dr, Margate

7 Riverdowns Dr, Margate is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1978. The property has a land size of 1113m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1978
Floor Size
125m2
Land Size
1113m2
Local Government
Kingborough
Lot/Plan
7/9528

Last Listing description (September 2021)

This lovely family, brick home is situated in a quiet no through road, just minutes' walk to shops, parks, schools and public transport within the beautiful suburb of Margate.

The home is warm and welcoming with open-plan kitchen/dining and adjoining living area, kept comfortable year-round with reverse cycle heat pump. There are three bedrooms, all with built-ins, family bathroom with both shower and bath and a separate laundry.

There is a large undercover entertaining and barbeque area, as well as a large fully fenced yard, with raised vegetable garden beds, small garden shed, and many beautiful establish trees.

An easy walk to the Esplanade and the ever-popular Dru Point Park with playground, barbeque areas, tennis courts and boat ramp.

This property is a must see, enquire today to secure an inspection time.

* Pets may be considered upon application
* 12 month lease preferred

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 7 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$465,000
01 Sep 2018
Listed for Rent
$480/w
30 Sep 2021
  • 17 Sep 2021
    Listed for Rent $480 / week
  • 01 Sep 2018
    Sold for $465,000
  • 28 Aug 2018
    Listed for Sale Offers Over $450,000
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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, 55 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.