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23 Jacaranda Drive,
Margate TAS 7054

This property is Off Market

All about Margate Homes for sale in Margate


  • The Average property price in this area is $561,265, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.59 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Margate - Snug

With an average age of 34, households expect an average monthly mortgage payment of $1,673 or a weekly rent payment of $410. The average family earns a weekly income of $2,180 with a typical household size of 2.9 and a 97.61% employment rate.

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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 1%)

Are people healthy?

There are a recorded 989 asthma sufferers and 255 people living with diabetes. In addition, 366 people have a heart/vascular condition and 752 people live with three or more chronic diseases.

A good place to invest in property?

Margate - Snug a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Tasmania State average 45 / 100

Income

66 / 100

41 / 100

Industry

72 / 100

40 / 100

Population

63 / 100

40 / 100

House Prices

91 / 100

65 / 100

Jobs

86 / 100

38 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Margate Primary School
  • Calvin Christian School

    Kingston, TAS, 7050 Independent Prep-12

  • Tarremah Steiner School

    Huntingfield, TAS, 7055 Independent Prep-10


Property Story

23 Jacaranda Drive, Margate, Tas, 7054 is a residential property with 4 bedrooms, 2 bathrooms and 0 Parking spaces. The estimated value of this home is $1,055,000 while properties of this type typically sell for between $650,000 and $1,000,000 in this suburb. The estimated distance to the sea is only 0.59km and 0.42KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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