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Sold on 06 Aug 2024 - Price Unavailable

98 Van Morey Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 104m2
Land area: 1292m2
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Property Details for 98 Van Morey Rd, Margate

98 Van Morey Rd, Margate is a 2 bedroom, 1 bathroom House. The property has a land size of 1292m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Margate in the last 12 months.

Building Type
House
Floor Size
104m2
Land Size
1292m2

Last Listing description (August 2024)

A real renovator’s delight awaits at 98 Van Morey Road, Margate! This 2/3 bedroom, 1 bathroom home is an incredible opportunity for those looking to undertake a rewarding renovation project. Set on a generous and level block of approximately 1,292m2. The property offers ample space for development and creativity.
The house itself needs significant fixing up, but with town water and sewer connected, the essentials are in place. A new Daikin heat pump has been installed in the lounge and the existing wood heater is also usable. The timber floorboards could be brought back to life again too.

The property is fully serviced and is on a sealed road about 1km from all shops, schools and services in the township of Margate.
Being in a desirable and sunny area, this property combines the tranquility of suburban living with the convenience of nearby amenities. Whether you envision transforming this space into a stunning family home or a profitable investment, the potential is limitless. Don’t miss this chance to secure a substantial piece of land with endless possibilities. Contact us today to arrange an inspection and start planning your dream project at 98 Van Morey Road.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

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Property History for 98 Van Morey Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
06 Aug 2024
  • 16 Jul 2024
    Sold for $545,000
  • 08 Jul 2024
    Listed for Sale Under Contract
  • 22 Apr 1997
    Sold for $74,000

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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 1,812 properties. Over the last 5 years, Houses in Margate have seen a 41.26% increase in median value, while Units have seen a 44.31% increase. As at 30 November 2024:

  • The median value for Houses in Margate is $793,363 while the median value for Units is $535,063.
  • Houses have a median rent of $560 while Units have a median rent of $468.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Margate.

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