Margate
TAS, 7054
-
Kingborough
Thinking about buying in Margate? Now could not be a better time, with 1922 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $543,000 with prices in this suburb ranging from $15,000 to $2,617,000. Margate is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $394.00 |
| Median Monthly Mortgage | $1533.20 |
| Median Persons Per Bedroom | 0.84 |
| Average Household Size | 2.80 |
| Average Age | 35.20 |
| Average Income | $836.80 |
| Average Cars Per Dwelling | 1.85 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 1 Bed $403,000 |
| 2 Bed $334,000 |
| 3 Bed $518,000 |
| 4 Bed $647,000 |
| 5 Bed $794,000 |
| 6 Bed+$638,000 |
Margate Real Estate Market Outlook
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.
Houses for sale Margate
|
615 VAN MOREY RD, MARGATE, TAS, 7054 |  7 |
 4 |
 14 |
Offers over $1,275,000 |
|
47 BEACH RD, MARGATE, TAS, 7054 | 3 |
1 |
1 |
Expressions of Interest Over $1,100,000 |
|
396 OLD BERNIES RD, MARGATE, TAS, 7054 | 4 |
2 |
4 |
Offers Over $1,275,000 |
|
|
10 RIVERDOWNS DR, MARGATE, TAS, 7054 | 3 |
1 |
1 |
Offers Over $695,000 |
|
|
63 BEACH RD, MARGATE, TAS, 7054 | 3 |
1 |
1 |
Offers Over $629,000 |
|
6 PEPPERMINT PL, MARGATE, TAS, 7054 | 4 |
2 |
6 |
Offers Over $745,000 |
|
29 MIANDETTA DR, MARGATE, TAS, 7054 | 4 |
2 |
6 |
Offers over $950,000 |
|
|
9 NANSEN CT, MARGATE, TAS, 7054 | 3 |
1 |
Offers Over $599,000 | |
|
|
1689 CHANNEL HWY, MARGATE, TAS, 7054 | 3 |
1 |
5 |
Offers Over $1.2m |
Local Schools
Margate Primary School
Channel Christian School
Tarremah Steiner School
St Aloysius Catholic College
Snug Primary School
(While the above schools are located with the suburb of Margate there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Margate weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.1 | 13.2 | 22.3 | 46.9 | 83.7 | 4.8 | 22.5 |
| Feb | 1.0 | 13.1 | 21.3 | 50.6 | 84.7 | 4.4 | 18.2 |
| Mar | 1.5 | 12.2 | 20.1 | 53.4 | 85.5 | 4.1 | 13.1 |
| Apr | 1.1 | 10.4 | 17.6 | 54.4 | 85.8 | 4.0 | 9.0 |
| May | 1.3 | 8.5 | 15 | 58.8 | 86.7 | 4.0 | 6.0 |
| Jun | 1.8 | 7.2 | 13.2 | 64.8 | 88.3 | 3.6 | 4.9 |
| Jul | 1.3 | 6.3 | 12.6 | 60.9 | 86.4 | 4.2 | 6.1 |
| Aug | 1.8 | 6.1 | 13.2 | 59.5 | 86.2 | 4 | 8.7 |
| Sept | 1.2 | 7.6 | 15.1 | 53 | 84.5 | 4.7 | 12.7 |
| Oct | 1.2 | 8.8 | 17.2 | 51.4 | 84.5 | 4.8 | 17.6 |
| Nov | 1.4 | 10.2 | 18.4 | 51.2 | 86.3 | 4.6 | 19.9 |
| Dec | 1.6 | 12 | 20.4 | 50.0 | 84.0 | 4.8 | 22.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Peppermint Bay Cruises - Greater then 10KM
MONA ferry - Greater then 10KM
Hobart City (Brooke St) Ferry Terminal - Greater then 10KM
Bellerive Village Ferry Terminal - Greater then 10KM
Bruny Island Ferry - Kettering - Greater then 10KM
Roberts Point Ferry Terminal - Greater then 10KM
Tasmanian Transport Museum - Greater then 10KM
Hobart Cruise Ship Terminal - Greater then 10KM
General Points of Interest
Gormley Park - Less than 10 KM
Kingston Pool & Wellness Centre - Less than 10 KM
Margate War Memorial - Less than 5 KM
Kingston Twin Ovals / Kingborough Football Club - Less than 10 KM
Kingston Twin Ovals / Kingborough Cricket Club - Less than 10 KM
Kingborough Sports Centre - Less than 10 KM
Kingston BMX Track - Less than 10 KM
Kingston Beach Golf Course - Less than 10 KM
Kingston Town Shopping Centre - Less than 10 KM
Channel Court Shopping Centre - Less than 10 KM
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