8/29 Ernest StreetMargate QLD 4019
Property Details for 8/29 Ernest St, Margate
8/29 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 130m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (December 2023)
Located in this near new boutique complex of only 9 apartments, this stylish residence is sure to impress from the moment you step in through the front entrance. The east facing open plan living area is spacious and flows out to a massive 47m2 balcony which has sweeping views out to Moreton Island, The Port Of Brisbane and City Views
This complex sits high on the hill in Margate and is a simple few hundred metre stroll and you are on the sand of Margate Beach. Margate shopping precinct, public transport, local schools and Sunnys Restaurant & Bar at The Sebel.
Features include:
- Built in wardrobes and ceiling fans in all of the bedrooms
- 2 bathrooms
- Gourmet kitchen with stone bench tops, Bosch appliances and soft close cabinetry
- Open plan living area leading out to the large covered 47m2 balcony
- 2 car spaces (side by side) with two storage units
The "Karingal Community" is all owner occupied and takes great pride in this beautiful building, something that our current owners will be sure to miss is the great people that they have shared the building with. An inspection is certainly a must, call Matt Burton or Ian Mclachlan today to book your private inspection.
Property History for 8/29 Ernest St, Margate, QLD 4019
- 22 Nov 2023Sold for $1,140,000
- 06 Sep 2023Listed for Sale Offers Over $1,150,000
- 11 Nov 2020Sold for $765,000
Recent sales nearby
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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.
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