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Margate
QLD, 4019 - Moreton Bay

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.

Household Makeup

Median Weekly Rent $324.09
Median Monthly Mortgage $1713.18
Median Persons Per Bedroom 0.76
Average Household Size 2.09
Average Age 44.91
Average Income $682.91
Average Cars Per Dwelling 1.61
Average Properties Within 50M 24

Housing Stock

Average Property Prices

1 Bed  $480,000
2 Bed  $597,000
3 Bed  $781,000
4 Bed  $982,000
5 Bed  $1,159,000
6 Bed+$1,128,000

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

Elders 9 NANSEN CT, MARGATE, TAS, 7054 Beds3 Bathrooms1 Offers Over $599,000
Elders 615 VAN MOREY RD, MARGATE, TAS, 7054 Beds7 Bathrooms4 Parking 14 Offers over $1,275,000
Elders 1 LONGMANS RD, MARGATE, TAS, 7054 Beds Bathrooms $450,000
Elders UNIT 1, 1684 CHANNEL HWY, MARGATE, TAS, 7054 Beds3 Bathrooms1 Parking 5 Offers Over $1.2m
Harcourts 47 BEACH RD, MARGATE, TAS, 7054 Beds3 Bathrooms1 Parking 1 Expressions of Interest Over $1,100,000
LJ Hooker 121 SANDFLY RD, MARGATE, TAS, 7054 Beds3 Bathrooms2 Parking 1 Offers Over $829,000
LJ Hooker 396 OLD BERNIES RD, MARGATE, TAS, 7054 Beds4 Bathrooms2 Parking 4 Offers Over $1,275,000
LJ Hooker 63 BEACH RD, MARGATE, TAS, 7054 Beds3 Bathrooms1 Parking 1 Offers Over $629,000
PRD 6 PEPPERMINT PL, MARGATE, TAS, 7054 Beds4 Bathrooms2 Parking 6 Offers Over $745,000

Local Schools

Humpybong State School

Woody Point Special School

Grace Lutheran Primary School

Kippa-Ring State School

Clontarf Beach State High School

Redcliffe State High School

Clontarf Beach State School

Redcliffe Special 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

We are currently collecting information for this location.

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
Jan1.113.222.346.983.74.822.5
Feb1.013.121.350.684.74.418.2
Mar1.512.220.153.485.54.113.1
Apr1.110.417.654.485.84.09.0
May1.38.51558.886.74.06.0
Jun1.87.213.264.888.33.64.9
Jul1.36.312.660.986.44.26.1
Aug1.86.113.259.586.248.7
Sept1.27.615.15384.54.712.7
Oct1.28.817.251.484.54.817.6
Nov1.410.218.451.286.34.619.9
Dec1.61220.450.084.04.822.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Woody PointRedcliffeClontarfKippa-RingNewportScarboroughMango HillRothwellGriffinBrighton

Public Transport


General Points of Interest

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