4/29 Ernest StreetMargate QLD 4019
Property Details for 4/29 Ernest St, Margate
4/29 Ernest St, Margate is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (September 2026)
There's something special about waking up high on the hill in Margate. Morning light first hits the covered balcony, the water sparkles in the distance - and there's no better spot for your first coffee as the bay comes to life.
This is low-maintenance living without compromise - a boutique complex of just nine apartments where the neighbours know your name and the beach is a few hundred metres from your door. Stroll down to Margate Village for shopping, grab a coffee at a local caf, or wander along to Sunny's at The Sebel for a long lunch or a sunset drink with friends. Everything that makes the Peninsula lifestyle so sought-after is right here.
Inside, the apartment feels a cut above. The owners made significant upgrades during construction - a complete redesign of the kitchen with a 900mm oven and induction cooktop, extra storage, and beautiful blackbutt flooring throughout (main bedroom excepted). Light-filled open-plan living flows out to the balcony, where water views and coastal breezes do the entertaining for you.
Features You'll Love:
- Unit size - Internal and balcony (163m2), 2 Car spaces (27m2) Storage (8.4ms) = total (198.4m2) All measurements approx.
- Three spacious bedrooms (master with ensuite and air-conditioning)
- North-west corner position capturing water views, natural light and sea breezes
- Open-plan living extending to a wraparound balcony
- Air-conditioning to living area and main bedroom
- Gourmet kitchen with stone benchtops, wine bar and ample storage
- Separate laundry
- Two side-by-side car spaces plus private lock-up storage
- Boutique complex of just nine apartments - proudly owner-occupied
- Lift access from garage and entry level to all floors
- Complex was completed Jan/Feb2021
The "Karingal Community" is known for its welcoming atmosphere and wonderful residents - something the current owners will truly miss. Apartments here rarely come to market, and it's easy to see why.
Key Financials
B/Corp - $1,230 p/q
Rates - $465 p/q
Water - $350 p/q
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. Digital enhancement, including virtual furniture staging or removal, may have been used. Prospective purchasers must rely on their own enquiries, inspections, and legal advice to verify all details.
Property History for 4/29 Ernest St, Margate, QLD 4019
- 14 Jul 2026Listed for Sale $1,370,000
- 22 Feb 2021Sold for $605,000
Recent sales nearby
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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 4,210 properties. Over the last 5 years, Houses in Margate have seen a 88.64% increase in median value, while Units have seen a 96.04% increase. As at 31 July 2026:
- The median value for Houses in Margate is $1,088,957 while the median value for Units is $875,644.
- Houses have a median rent of $630 while Units have a median rent of $530.
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