68 Deans StreetMargate QLD 4019
Property Details for 68 Deans St, Margate
68 Deans St, Margate is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 911m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 8 bedroom BlockOfUnits sold in Margate in the last 12 months.
Last Listing description (August 2025)
A smart investment decision, located in an appealing bayside suburb with direct access to beaches and waterfront attractions. This block of four units, all currently tenanted, is located on a large 911sq m parcel of land where there's strong potential for capital growth given the demand for coastal living.
All units offer a two-bedroom, one-bathroom configuration in a similar practical layout with an external laundry in the carport. There's also hardwood flooring, an air-conditioned living area, and an open-plan kitchen/dining.
Earn rental income immediately, with lower risk due to the diversification. Leave as is or improve to value-add. Perfectly suited for savvy investors, this low-maintenance property offers but is not limited to:
+ Reliable cash flow from established tenants across all four units
+ Secure long-term investment with exciting growth potential
+ 911sq m property within 1.5km of the waterfront, in-demand suburb
+ Four flats, all with a solid tenancy record, each with a covered carport, returning approximately $74,360 per annum
+ Future development potential re: renovation, rental increase, subdivision (STCA)
+ Minutes from Margate Beach and Southern Cross Catholic College
+ Close to public transport, cafes, shops and popular parks
+ Approximately 35 minutes by car to Brisbane's CBD, 25 minutes to BNE Airport
*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.
Property History for 68 Deans St, Margate, QLD 4019
- 25 Jul 2025Sold for $1,300,000
- 11 Jul 2025Listed for Sale Under Contract
- 29 Jul 2011Listed for Rent - Price not available
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 4,153 properties. Over the last 5 years, Houses in Margate have seen a 103.76% increase in median value, while Units have seen a 105.74% increase. As at 30 November 2025:
- The median value for Houses in Margate is $974,190 while the median value for Units is $843,894.
- Houses have a median rent of $600 while Units have a median rent of $520.
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