OFF MARKET

8 Incana Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 3447m2
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Property Details for 8 Incana Rd, Margate

8 Incana Rd, Margate is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 3447m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2007.

Building Type
Unit
Floor Size
98m2
Land Size
3447m2
Local Government
Kingborough
Lot/Plan
0/169757

Last Listing description (January 2019)

On offer, with a lease in place until August 2019 is a meticulously maintained unit for sale. Built in 2013 this unit is well presented with tasteful fixtures and fittings. Located in the popular suburb of Margate with a rental return of $350 per week.
The floor plan offers functional, private & low-maintenance living at its best for a small family or couple. A generous living/dining zone features double sliding glass doors that open out onto the paved courtyard, giving the room an al fresco indoor/outdoor ambience. The backyard is quite private with established pebble and pine bark garden beds, including a garden shed sitting off to the side. The accompanying kitchen includes a breakfast bar and Omega stainless steel appliances. Bedroom 1 includes a built-in wardrobe and bedroom 2 includes a walk-in wardrobe, both rooms could accommodate a double bed. The bathroom is a great size offering a shower, bath and toilet. The laundry is neatly placed in the hallway behind sliding doors.
Tucked away at the rear of the block you'll notice hardly any traffic noise plus you have the added advantage of off street parking for two. Only a short walk to schools, shops and Dru Point Recreational Reserve this truly is a convenient location.

A great opportunity not to be missed if you are looking to start or add to your investment portfolio.

Property History for 8 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$180,000
08 May 2007
  • 06 Nov 2018
    Listed for Sale Offers Over $325,000
  • 08 May 2007
    Sold for $180,000

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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 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.