48 Sorrento StreetMargate QLD 4019
Property Details for 48 Sorrento St, Margate
48 Sorrento St, Margate is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 911m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
Last Listing description (January 2014)
Splitter Block, High On The Hill
First time offered in living memory. This 911m block with a 15.2m frontage, suitable for a battle axe subdivision. An elevated block, arguably the second or third highest block of land on the Peninsula! Yes that's right, you get water views without the waterfront price tag. The house is fibro throughout and essentially a knockdown or extensive renovation. This sale is more about the prime land and its splitter block potential.* Sub-dividable land is in demand, and short supply* One of the highest blocks on the Peninsula* Water views from a second storyBuyers who know, will appreciate this one. Secure the site today, while you still can!Property Code: 81
Property History for 48 Sorrento St, Margate, QLD 4019
- 27 Nov 2013Sold for $390,000
- 20 Nov 2013Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 4,164 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.
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