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

3 Bank Street
Margate QLD 4019

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 225m2
Land area: 589m2
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Property Details for 3 Bank St, Margate

3 Bank St, Margate is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 589m2 and floor size of 225m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Year Built
1940
Floor Size
225m2
Land Size
589m2
Local Government
Moreton Bay
Lot/Plan
2/RP47306

Last Listing description (April 2025)

Presenting 3 Bank Street, Margate. A quintessential Queenslander that offers the perfect blend of classic charm and modern convenience. Under 200 meters from the stunning Margate Beach, this impressive location speaks for itself when it comes to enviable coastal living.

Set on a lush 589m block with side access, this two-story home is designed for those who appreciate space, comfort, and the potential for dual living. With original casement windows, polished timber floors, and VJ panels, this home invites you to step into a world of timeless elegance and coastal living.

Imagine waking up in your master bedroom with private access to a timber deck, where you can enjoy your morning coffee while overlooking lush, established gardens and listing to the sounds of the ocean.

The spacious open-plan lounge upstairs is perfect for family gatherings, while the downstairs area, complete with a kitchenette, offers superb potential for dual living, teen retreat or guest accommodation. Whether you have extended family, guests, or are looking for an additional income stream, this versatile home caters to all your needs.

Features
- Two-story Queenslander on a 598m2 block
- Three bedrooms upstairs, with the Master bedroom featuring private access to back deck
- Dual living potential with two bedrooms, bathroom, large rumpus and kitchenette downstairs
- Original casement windows and polished timber floors upstairs
- VJ panels and ample storage throughout
- Upstairs bathroom with spa bath and adjustable shower rose
- Timber deck upstairs and covered outdoor sitting area downstairs
- Ceiling fans throughout
- Lush, established gardens and fully fenced block
- Rear shed and carport
- Single lock-up garage and side access
- Fully fenced block with north facing aspect

Living in Margate means being part of a vibrant coastal community. From the beautiful Margate Beach to the local shops, cafes, and schools, everything you need is within easy reach. Enjoy the convenience of being close to Brisbane, while still being able to retreat to your serene, fully fenced block with ample outdoor entertaining spaces. This is more than just a home; it's a lifestyle waiting to be embraced.

Just 300m to Margate Beach spend your downtime relishing the sun and fun of this scenic location. Offering a wonderful village atmosphere, you can visit local shops and cafes and iconic bars and restaurants, all just moments form your front door. Quality schools and parks are nearby, making this an ideal location for families. For commuters, the property offers easy access to Brisbane, ensuring you're never far from the city's conveniences.

This coastal gem will not last long in this sought-after locale. Get in touch to secure this incredible opportunity today.

*Please note these photos have been digitally staged for marketing purposes.

Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 3 Bank St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,150,000
30 Dec 2024
  • 30 Dec 2024
    Sold for $1,150,000
  • 12 Jul 2024
    Listed for Sale For Sale
  • 07 Dec 1991
    Sold for $93,000
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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 4,166 properties. Over the last 5 years, Houses in Margate have seen a 109.54% increase in median value, while Units have seen a 84.55% increase. As at 31 March 2026:

  • The median value for Houses in Margate is $1,108,565 while the median value for Units is $854,568.
  • Houses have a median rent of $625 while Units have a median rent of $520.
There are currently 17 properties listed for sale, and 14 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 190 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.