16 Bank Street, Margate, QLD 4019 | Property Value & History | OnTheHouse
OFF MARKET

16 Bank Street
Margate QLD 4019

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 407m2
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Property Details for 16 Bank St, Margate

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.

Building Type
House
Year Built
1930
Floor Size
94m2
Land Size
407m2
Local Government
Moreton Bay
Lot/Plan
45/RP30356

Last Listing description (April 2022)

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.

Brilliantly set up for extended entertaining and outdoor living, there are multiple alfresco zones in which to unwind, dine or entertain. Capturing sea breezes and perfect indoor/outdoor flow, a spacious rear deck flows via bi-fold doors and enjoys a northerly aspect with superb vantage over the fenced backyard below. Rear stairs guide you down into the flat, lush zone where established trees and a second covered patio await. The deck is the perfect spot to enjoy a coffee with warming morning sun and you will love retreating to the private front verandah on hot afternoons.
Two air-conditioned bedrooms offer private retreat; the master includes a walk-in robe and whimsical box window seat along with alfresco access via French doors to the front verandah. Approached via a vestibule, with doors that can be closed to create a dressing room, the bathroom has been updated to provide contemporary comfort. It is well-appointed with floating vanity, superb storage, and a timeless coastal aesthetic.
Along with garage space, underneath the house you'll find a laundry and a superb amount of storage. In a location that will always remain in extremely high demand, there is excellent potential to raise the house and extend the living footprint, if desired.
Located on the doorstep of the sparkling Moreton Bay, there is enviable tranquility and privacy combined with an exceptional outdoor lifestyle. A quick walk delivers you to the beach foreshore where you can start your day off with a dip in the bay, or enjoy riding or walking along the extensive waterfront pathways. There's a convenient caf and a rooftop bar where you can relax overlooking the water. Everyday convenience is at its best with easy access to a huge range of amenities as well as bus and major transport corridors offering simple commute to the Brisbane Airport or Brisbane CBD.
- 407m2
- Endearing Queenslander with character features and contemporary comfort
- Light-filled living with polished timber floors throughout
- Modern kitchen including generous storage, stainless appliances and stone benches
- Large dining with superb natural light and raked ceiling
- Covered, private rear deck with great indoor/outdoor flow
- Private front verandah plus additional covered patio
- Fenced backyard with established greenery including mango tree
- Two air-conditioned bedrooms; master including walk-in robe and window seat
- Contemporary bathroom with floating vanity
- Under house storage plus laundry and garage
- Excellent opportunity to raise the house and extend if desired
- Just 350m from Margate Beach foreshore

Property History for 16 Bank St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$902,000
04 Dec 2021
  • 04 Dec 2021
    Sold for $902,000
  • 26 Nov 2021
    Listed for Sale For Sale
  • 19 Jul 2010
    Sold for $415,000
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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 4,153 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:

  • The median value for Houses in Margate is $974,190 while the median value for Units is $843,894.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 18 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 191 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 4019

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Cotality Copyright and Legal Disclaimers about Property Data
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.