OFF MARKET

8/5 Incana Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 107m2
Land area: 296m2
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Property Details for 8/5 Incana Rd, Margate

8/5 Incana Rd, Margate is a 3 bedroom, 1 bathroom Unit and was built in 1971. The property has a land size of 296m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
Unit
Year Built
1971
Floor Size
107m2
Land Size
296m2
Local Government
Kingborough
Lot/Plan
8/164067

Property History for 8/5 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$275,000
17 Aug 2012
  • 17 Aug 2012
    Sold for $275,000

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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.

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