4/29 Ernest Street, Margate, QLD 4019 | Unit for sale | OnTheHouse
 
FOR SALE
$1,370,000

4/29 Ernest Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 198m2
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Sunlit Corner Apartment with Water Views - The Margate Lifestyle at Its Best

There's something special about waking up high on the hill in Margate. Morning light first hits the covered balcony, the water sparkles in the distance - and there's no better spot for your first coffee as the bay comes to life.
This is low-maintenance living without compromise - a boutique complex of just nine apartments where the neighbours know your name and the beach is a few hundred metres from your door. Stroll down to Margate Village for shopping, grab a coffee at a local café, or wander along to Sunny's at The Sebel for a long lunch or a sunset drink with friends. Everything that makes the Peninsula lifestyle so sought-after is right here.
Inside, the apartment feels a cut above. The owners made significant upgrades during construction - a complete redesign of the kitchen with a 900mm oven and induction cooktop, extra storage, and beautiful blackbutt flooring throughout (main bedroom excepted). Light-filled open-plan living flows out to the balcony, where water views and coastal breezes do the entertaining for you.
Features You'll Love:
- Unit size - Internal and balcony (163m2), 2 Car spaces (27m2) Storage (8.4ms) = total (198.4m2)
- Three spacious bedrooms (master with ensuite and air-conditioning)
- North-west corner position capturing water views, natural light and sea breezes
- Open-plan living extending to a wraparound balcony
- Air-conditioning to living area and main bedroom
- Gourmet kitchen with stone benchtops, wine bar and ample storage
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Property Details for 4/29 Ernest St, Margate

4/29 Ernest St, Margate is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 198m2. The place is currently for sale with Crown Properties (Qld).

Building Type
Unit
Land Size
198m2
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About Margate 4019

The size of Margate is approximately 2.6 square kilometres. There are 12 parks, covering nearly 6.8% of the total area. The population of Margate in 2016 was 7405 people. By 2021 the population was 7575 showing a population growth of 2.3% in the area during that time. The predominant age group in Margate is 50-59 years. Households in Margate are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Margate work in a professional occupation.In 2021, 56.70% of the homes in Margate were owner-occupied compared with 53.20% in 2016.

Margate has 4,173 properties. Over the last 5 years, Houses in Margate have seen a 93.49% increase in median value, while Units have seen a 97.51% increase. As at 30 June 2026:

  • The median value for Houses in Margate is $1,111,947 while the median value for Units is $884,585.
  • Houses have a median rent of $625 while Units have a median rent of $520.
There are currently 41 properties listed for sale, and 18 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 173 properties were sold in the past 12 months in Margate.

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Kylie Moore
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Trent Cattanach
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Crown Properties (Qld)
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