OFF MARKET

8 Crescent Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 113m2
Land area: 1259m2
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Property Details for 8 Crescent Dr, Margate

8 Crescent Dr, Margate is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1981. The property has a land size of 1259m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1981
Floor Size
113m2
Land Size
1259m2
Local Government
Kingborough
Lot/Plan
7/28795

Last Listing description (September 2021)

Sitting on a huge 1252m2 this very tidy three-bedroom, brick and tile property offers an excellent opportunity now and into the future. The home is tucked away from the main road whilst still within easy walking distance to the school, shops, public transport and the many Margate amenities.

A formal entry foyer leads into a generous living room that enjoys lots of natural light and views across the large front garden. The open plan kitchen and dining area benefit from northerly sun and the kitchen has quality timber cabinetry, pantry cupboard and an all-important breakfast bar. Sliding glass doors give access to the covered deck and enormous rear yard.

Set away from the living areas are the three bedrooms all with garden views and two with built-in wardrobes. The central bathroom is light and bright with separate toilet. The laundry has easy access to the back garden and washing line.

There's a large 6 x 6m garage/workshop and double carport and plenty of room for boats, trailers bikes and ball games. The large rear garden is sunny, cleared and near level, presenting endless opportunities for the growing family, or investor.

Currently tenanted to excellent tenants until 8/2/22 at $460p/w.

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 8 Crescent Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$627,000
12 Jul 2021
Listed for Rent
06 Feb 2019
  • 12 Jul 2021
    Sold for $627,000
  • 06 Jul 2021
    Listed for Sale $565,000 Plus
  • 16 Jan 2019
    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 1,805 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 16 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 54 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.