5/4 Melinda Ct, Margate is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 94m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Representing as the cheapest buying property on the Peninsula this entry level property offers strong returns of $255 per week.
With only 5 in the complex this low-maintenance yet tightly held building offers a rarity to snap up quick!
With a modern kitchen and open-plan living with a leafy front balcony you ll love what is on offer.
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 4,160 properties. Over the last 5 years, Houses in Margate have seen a 108.34% increase in median value, while Units have seen a 89.45% increase. As at 28 February 2026:
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