49 Ernest Street, Margate, QLD 4019 | House for sale | OnTheHouse
 
FOR SALE
FOR SALE

49 Ernest Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 405m2
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Coastal Position, Space & Potential – Just Moments from the Waterfront

East of Oxley & Views!
Positioned in an elevated pocket of Margate with glimpses across Moreton Bay and the waterfront just moments from your door, 49 Ernest Street presents an exciting opportunity to secure a substantial two-level home with space, flexibility and enormous future potential.
Occupying a 405m² corner allotment with an approximate 39.8m side boundary, the property offers an increasingly hard-to-find combination of generous accommodation, established gardens, multiple indoor and outdoor living zones and a superb Peninsula lifestyle. Comfortable and immediately liveable as it stands, there is also plenty of scope for the next owner to modernise, personalise and add value over time.
Upstairs, polished timber floors bring warmth and character to the light-filled open-plan living and dining area. The adjoining kitchen is functional and well positioned, while sliding doors open onto the expansive covered balcony. Here, cooling sea breezes and an outlook towards Moreton Bay provide a wonderful setting for morning coffee, relaxed afternoons or entertaining family and friends.
Two bedrooms are positioned on the upper level, including a generous main bedroom with an impressive walk-in wardrobe. A central bathroom with separate bath and shower services this level.
Downstairs dramatically expands the versatility of the home. A substantial multipurpose room provides approximately 5.0m x 6.6m of additional space and is complemented by a second bathroom, laundry and direct access to the covered patio and garden. Whether utilised as additional living, a games room, home office, teenager's retreat or guest accommodation, this flexible area allows the home to adapt as your needs change.
Car accommodation is another standout, with a large garage measuring approximately 6.3m x 6.6m, providing excellent space for vehicles, storage or a workshop.
Outside, the established gardens create a wonderfully private setting, with lawn areas for children and pets, mature trees providing shade and character, and a covered ground-floor patio overlooking the yard.
Features You'll Love
- Elevated Margate position close to the waterfront
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Property Details for 49 Ernest St, Margate

49 Ernest St, Margate is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 405m2 and floor size of 79m2. The place is currently for sale with Baylife Real Estate.

Building Type
House
Floor Size
79m2
Land Size
405m2
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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 4,216 properties. Over the last 5 years, Houses in Margate have seen a 84.28% increase in median value, while Units have seen a 103.52% increase. As at 31 August 2026:

  • The median value for Houses in Margate is $1,089,306 while the median value for Units is $939,249.
  • Houses have a median rent of $650 while Units have a median rent of $530.
There are currently 39 properties listed for sale, and 19 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Margate.

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Brett Viertel
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Adrianne Graham
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