11A Margate Parade, Margate, QLD 4019 | Property Value & History | OnTheHouse
 
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11A Margate Parade
Margate QLD 4019

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 70m2
Land area: 503m2
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Last updated 9 Mar 2026
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Property Details for 11a Margate Pde, Margate

11a Margate Pde, Margate is a 3 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1960. The property has a land size of 503m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1960
Floor Size
70m2
Land Size
503m2
Local Government
Moreton Bay
Lot/Plan
2/RP72868

Last Listing description (December 2024)

This outstanding investment property at 11a Margate Parade, Margate, offers a rare opportunity with three fully self-contained units delivering excellent returns in a stunning coastal setting. Set on a generous 503m block along Margate Parade's waterfront street, this property is just steps from the scenic Margate Beach. Each unit is thoughtfully designed for independent living, making it perfect for investors seeking high rental yield or multi-generational families who value both privacy and coastal proximity. Enjoy the best of seaside living with incredible versatility and income potential.

Unit 1 Property Features:
3 bedroom, 1 bathroom, 1 car garage

Ground floor
Weekly rent: $460
Spacious open-plan lining and dining
Undercover front deck
Separate laundry
Build in wardrobes

Unit 2 Property Features:
3 bedroom, 1 bathroom, 1 car garage
Weekly rent: $400
Ocean views
Separate laundry
Front and rear stair access
Undercover front deck
Built-in wardrobes

Unit 3 Property Features:
3 bedrooms, 1 bathroom, 1 car garage
Weekly rent: $420
Ocean views
Front stair access
Undercover front deck
Built-in wardrobes

Additional features:
503m2 Block with dual side access
Waterfront Street (50m walk to the beach)
$1280 rental return per week = $66,560 per annum
All new plumbing was installed throughout the building
Separate meters for each flat to measure electricity consumption
Individual Spacious garages with enough room for storage
Solar
Waterviews
Renovation potential
Communal undercover entertaining space

Nestled in the heart of Margate along the stunning coastline this property offers effortless access to a wealth of local amenities, schools, and entertainment options. Just a short walk away, you'll discover a treasure trove of popular attractions, including the vibrant Redcliffe Sunday Markets, the serene Suttons Beach Park, The Komo, Sunnies Rooftop Bar, the relaxing Redcliffe Lagoon, The Belvedere, and an array of dining and shopping venues. This represents a rare opportunity to secure your own slice of paradise and a lifestyle that's unmatched!

Brisbane CBD 31km
Brisbane Airport 25km

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Property History for 11a Margate Pde, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,300,000
06 Nov 2024
Listed for Rent
$220/w
19 Mar 2011
  • 06 Nov 2024
    Sold for $1,300,000
  • 04 Nov 2024
    Listed for Sale For sale
  • 07 Dec 2020
    Sold for $975,000
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About Margate 4019

The size of Margate is approximately 2.6 square kilometres. It has 12 parks covering nearly 6.8% of 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 4,150 properties. Over the last 5 years, Houses in Margate have seen a 108.34% increase in median value, while Units have seen a 89.45% increase. As at 28 February 2026:

  • The median value for Houses in Margate is $1,063,966 while the median value for Units is $842,073.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 19 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 188 properties were sold in the past 12 months in Margate.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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