OFF MARKET

9/12 Bundalla Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 241m2
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Last updated 16 Sep 2024
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Property Details for 9/12 Bundalla Rd, Margate

9/12 Bundalla Rd, Margate is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 241m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2013
Floor Size
85m2
Land Size
241m2
Local Government
Kingborough
Lot/Plan
9/166612

Last Listing description (December 2022)

This property is currently tenanted until May 2023.
This modern villa is situated in a small unit complex of 12 and in the popular suburb of Margate. It is located within walking distance to schools, shops, public transport, Dru Point and all the conveniences that Margate and the Channel have to offer. Just a five minute drive from Kingston and just twenty minutes from the centre of Hobart!

The first of the two bedrooms are situated on the bottom floor, complete with built in robes. The bottom level of the home is also where you will find the very spacious bathroom with a separate shower and bath. Up the stairs onto the top level, you will find the second bedroom also fitted with built in robes. A nicely sized and sun filled living room which has sliding doors to access the deck which is a perfect spot to enjoy your morning coffee or afternoon tea. The kitchen is modern and stylish, with tiled floors, stainless steel appliances and plenty of bench and cupboard space.

The Villa is low maintenance and is sure to bring a lot of attention due to its dual storey living, water views, outstanding aspect and great position.

The single garage includes the laundry and has internal access.

This villa is perfect for an investor, couples and small families looking for an easy to care for home in a growing area.

Property History for 9/12 Bundalla Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$500,000
15 Sep 2022
Listed for Rent
$300/w
27 Apr 2017
  • 15 Sep 2022
    Sold for $500,000
  • 07 Sep 2022
    Listed for Sale Not Disclosed
  • 07 Apr 2017
    Listed for Rent $300 / week
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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 1,815 properties. Over the last 5 years, Houses in Margate have seen a 44.02% increase in median value, while Units have seen a 50.72% increase. As at 31 August 2024:

  • The median value for Houses in Margate is $794,525 while the median value for Units is $553,575.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 15 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 58 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.