All About Margate, Moreton Bay, QLD, 4019

Margate, a coastal suburb in the Moreton Bay region of Queensland, has been experiencing dynamic changes in its housing market. Traditionally known for its affordability compared to nearby urban centers, the area has seen a rise in property prices due to increased demand from both investors and homebuyers seeking a coastal lifestyle. The suburb's proximity to Brisbane and its scenic waterfront views have made it an attractive option for those looking to balance lifestyle with accessibility to urban amenities. Margate offers a variety of housing options, from charming post-war cottages to modern apartments, catering to a diverse range of preferences and budgets. Recent infrastructure developments, such as improved public transport links and enhanced local facilities, have further stimulated interest in the area, contributing to a competitive market environment.

Living in Margate presents a unique blend of relaxed coastal living with the convenience of accessibility to city services. The suburb’s beautiful esplanade area is a haven for outdoor enthusiasts, offering walking paths, parks, and gorgeous beaches ideal for swimming and water sports. Local cafes and eateries offer a taste of the region’s culinary offerings, complete with stunning views of the Moreton Bay. Residents often describe the community as welcoming and family-friendly, with numerous schools and healthcare facilities enhancing its appeal as a residential suburb. The lifestyle in Margate is laid-back yet vibrant, with a range of community events and markets that reflect its coastal charm. Despite being relatively quieter than larger urban centers, Margate provides a fulfilling and balanced lifestyle that attracts both families and retirees seeking a peaceful yet connected place to call home.

Margate Real Estate Market Outlook

Thinking about buying in Margate? Now could not be a better time, with 4850 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $788,000 with prices in this suburb ranging from $202,000 to $4,364,000. Margate is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Margate driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Margate ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Margate classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Margate requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!