1/5 Parish Lane, Margate, TAS 7054 sold on 05 March 2026 | OnTheHouse
SOLD
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Sold on 05 Mar 2026 for $610,000

1/5 Parish Lane
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 283m2
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Property Details for 1/5 Parish Lane, Margate

1/5 Parish Lane, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 283m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Margate in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
81m2
Land Size
283m2

Last Listing description (March 2026)

Beautifully presented and low maintenance, this inviting home offers an exceptional combination of outlook, space and comfort — a property that immediately appeals in the Margate market.

Positioned at the front of a strata of just two units, the home enjoys a peaceful laneway setting while capturing lovely views across North-West Bay to kunanyi/Mount Wellington and its foothills. The north-facing aspect ensures excellent natural light throughout the day, creating a warm and welcoming atmosphere.

A standout feature is the generous living area with raked ceilings, which enhances the sense of space and gives the home a real point of difference. This area flows beautifully and feels far larger than many comparable units, making it ideal for both everyday living and entertaining. Sliding doors open onto a large, covered outdoor entertaining deck, extending the living space and providing a private, sheltered spot to enjoy the outlook year-round.

The kitchen is modern and well appointed, featuring quality appliances, ample bench space and a breakfast bar that takes in the view — a layout that works equally well for casual meals or entertaining. Accommodation includes two well-sized bedrooms, both with built-in robes and soft carpeting. The bathroom offers a walk-in shower and stylish vanity, with a separate toilet for added practicality. A cleverly concealed laundry is neatly integrated into the hallway.

Comfort has been well considered, with double glazing and modern insulation providing year-round efficiency and quiet enjoyment. The private, fully fenced north-facing courtyard adds further appeal, offering an easy-care outdoor space ideal for pets, children or relaxed afternoons.

With generous proportions, attractive views and excellent privacy — along with no active body corporate — this home will appeal strongly to first-home buyers, downsizers and investors seeking a quality, low-maintenance property in a sought-after setting.

Property History for 1/5 Parish Lane, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$610,000
05 Mar 2026
  • 09 Feb 2019
    Sold for $585,000
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About Margate 7054

The size of Margate is approximately 41.9 square kilometres. It has 9 parks covering nearly 5.7% of total area. The population of Margate in 2016 was 3920 people. By 2021 the population was 4239 showing a population growth of 8.1% in the area during that time. The predominant age group in Margate is 10-19 years. Households in Margate are primarily couples with children 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, 82.60% of the homes in Margate were owner-occupied compared with 81.60% in 2016.

Margate has 1,803 properties. Over the last 5 years, Houses in Margate have seen a 31.45% increase in median value, while Units have seen a 25.29% increase. As at 30 April 2026:

  • The median value for Houses in Margate is $884,435 while the median value for Units is $584,817.
  • Houses have a median rent of $623 while Units have a median rent of $485.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 7054

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Mickey White
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Warren Lashmar
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Elders Tasmania
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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.