6/29 Ernest Street, Margate, QLD 4019 | Property Value & History | OnTheHouse
OFF MARKET

6/29 Ernest Street
Margate QLD 4019

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 136m2
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Property Details for 6/29 Ernest St, Margate

6/29 Ernest St, Margate is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 136m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
2022
Floor Size
135m2
Land Size
136m2
Local Government
Moreton Bay
Lot/Plan
6/SP316442

Last Listing description (June 2025)

If you've been searching for a home that feels like a retreat-one where you can wake up to golden sunrises over the bay and unwind with city lights twinkling in the distance-then look no further. Perfectly positioned on the north-east corner, this stunning apartment is bathed in natural light throughout the day, with soft coastal breezes flowing through every room. From the moment you step inside, there's a feeling of calm, space, and effortless elegance. Designed for those who appreciate quality and comfort, every detail has been thoughtfully crafted to create a relaxed yet sophisticated lifestyle. The spacious open-plan living area invites you to kick back and enjoy the view, seamlessly extending onto a massive 41m balcony-the ultimate space for morning coffee, afternoon wine, or simply soaking up the ever-changing scenery. From here, you'll be captivated by sweeping views over Moreton Island, the Port of Brisbane, and the glittering city skyline. Downsizing has never felt so effortless. The three generously sized bedrooms offer space for guests or a home office, with the master suite a true sanctuary-complete with air-conditioning, an ensuite, and a peaceful outlook. Ceiling fans and split system air-conditioning in every bedroom ensure year-round comfort, making this home as practical as it is beautiful. For those who love the convenience of low-maintenance living, this boutique complex of just nine apartments is a rare find. With two side-by-side car spaces and a private lock-up storage unit, there's ample space for all your lifestyle essentials. Nestled high on the hill in Margate, this location is simply unbeatable. A few hundred metres and you're on the sand at Margate Beach. A short stroll takes you to Margate Village shopping, local cafs, public transport, and the ever-popular Sunny's restaurant & bar at The Sebel-the perfect spot for a long lunch or sunset drink with friends. Features You'll Love:- Three spacious bedrooms (master with ensuite and air-conditioning)- North-east corner position for natural light and coastal breezes- Light-filled open-plan living extending to a huge 47m balcony- Ceiling fans and split-system air-conditioning in all bedrooms- Gourmet kitchen with stone benchtops, Bosch appliances & soft-close cabinetry- Laundry is in the main bathroom- Two side-by-side car spaces + private lock-up storage- Boutique complex of just 9 apartments-proudly owner-occupied- Lift servicing from garaging / entry to all floors- Unit size - internal (136m2), balcony (41m2), car spaces (30m2), storage (7m2) The "Karingal Community" is known for its welcoming atmosphere and wonderful residents-something the current owners will truly miss.Key FinancialsB/Corp Fees - currently $4,446 per annumRates - $652 p/qWater - $332 p/q Apartments of this calibre rarely become available, so don't miss this opportunity to make it yours. Contact Ian or Trent today to arrange your private viewing.

Property History for 6/29 Ernest St, Margate, QLD 4019

A timeline of how this property has performed in the market
Last Sold
$1,200,000
14 Apr 2025
  • 14 Apr 2025
    Sold for $1,200,000
  • 13 Feb 2025
    Listed for Sale Under Offer
  • 19 Mar 2021
    Sold for $715,000
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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 4,176 properties. Over the last 5 years, Houses in Margate have seen a 110.13% increase in median value, while Units have seen a 83.05% increase. As at 30 April 2026:

  • The median value for Houses in Margate is $1,129,190 while the median value for Units is $866,050.
  • Houses have a median rent of $625 while Units have a median rent of $520.
There are currently 32 properties listed for sale, and 17 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 182 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.