16 Bank St, Margate is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 407m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
SEASIDE QUEENSLANDER WITH INVITING OUTDOOR LIVING
Blending contemporary comfort with quintessential character and charm, this captivating Queenslander captures the essence of relaxed seaside living. Positioned in a quiet Margate street just 350m from the Margate Beach foreshore, there are inviting and relaxing interiors with scope to increase the living footprint if desired!
Impressing immediately with leafy street appeal, the classic Queenslander entrance delivers welcoming hospitality. The inviting front verandah with gated entrance, latticework and French doors provides quintessential character features. Along with VJ wall panelling, spectacular polished timber floors stretch throughout a spacious lounge; high ceilings and superb natural light amplify the feeling of space and comfort. Fusing character with modern demand, the kitchen provides impressive facility within a large footprint ideal for entertaining. There is a generous supply of timeless white cabinetry alongside stainless appliances and expansive benches topped with stone. Gorgeous casement windows frame a spacious living zone, bringing in bay breezes and natural light.
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 4,153 properties. Over the last 5 years, Houses in Margate have seen a 103.76% increase in median value, while Units have seen a 105.74% increase. As at 30 November 2025:
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