55 Chatham St, Margate is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 405m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom House sold in Margate in the last 12 months.
REFRESHED PARKSIDE COTTAGE WITH FANTASTIC GROWTH OPPORTUNITYFreshly updated for immediate comfort, this charming home presents an enticing combination of move-in-ready ease and exciting future potential. Set on a 405m2 parkside block in a well-connected peninsula position, it offers a solid foundation for living today while also providing the perfect canvas for renovation, extension, or development down the track (STCA). Whether you're looking to settle straight in or capitalise on the land and position, this property delivers enticing appeal with long-term value!A sun-kissed front porch provides a classic and hospitable welcome before you step inside to polished timber floors and a completely repainted interior. The light-filled living and dining connects to a well-provisioned kitchen, where plenty of storage is joined by handy bench space and a freestanding cooktop.Taking in a southerly aspect and delightful bay breezes, the quaint rear deck is the perfect place to enjoy an evening wine! Overlooking the extensive parkland at the rear, you have tranquil acreage vibes without the price tag whilst the spacious backyard offers plenty of opportunity for future expansion or alfresco designs.There is a single bedroom that is well-scaled and enjoys natural light from a northerly aspect, whilst a separate study is perfect for working from home. The bathroom is provisioned with a glass shower and offers ready to use facilities whilst maintaining opportunity to add value. Additional features include a garden shed and on-site parking.Wonderfully picturesque with Barry Bolton Park and Bushkids Playground extending from the rear of the property, there is fantastic immediate liveability whilst the position cements the appeal for future expansion and growth. Centrally positioned within the thriving peninsula, you have schooling, shopping and dining in every direction whilst the sparkling beachside is just over a kilometre away!- 405m2 parkside block- Charming quaint cottage with top to toe interior repaint- Well-presented interior perfect for immediate move-in comfort- Ideal for first home buyers, renovators or investors with future extension or development potential (STCA)- Light-filled living/dining with polished timber floors- Functional kitchen with ample storage, bench space and freestanding cooktop- Rear deck with tranquil park views and bay breezes- Large backyard with room for expansion or alfresco entertaining- Includes one bedroom with northerly light plus separate study- Tidy bathroom with glass shower and value-adding potential- Garden shed- On-site parking- Direct access to Barry Bolton Park & Bushkids Playground at rear- Close to schools, shops, dining and only 1km from the beach!- A fantastic blend of lifestyle, location and long-term valueCouncil Rates: $638 per quarterWater Rates: $288 per quarterRental Appraisal: $450 to $500 per weekDisclaimer:We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
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 4,172 properties. Over the last 5 years, Houses in Margate have seen a 93.49% increase in median value, while Units have seen a 97.51% increase. As at 30 June 2026:
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