1 Incana Road, Margate, TAS 7054 sold on 17 September 2025 | OnTheHouse
 
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Sold on 17 Sep 2025 for $1,175,000

1 Incana Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Floor area: 424m2
Land area: 2922m2
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Property Details for 1 Incana Rd, Margate

1 Incana Rd, Margate is a 3 bedroom, 2 bathroom House with 8 parking spaces and was built in 1992. The property has a land size of 2922m2 and floor size of 424m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in Margate in the last 12 months.

Building Type
House
Year Built
1992
Floor Size
424m2
Land Size
2922m2

Last Listing description (September 2025)

This much-loved property offers solid foundations, generous space, and an outstanding opportunity for families, investors, and developers alike. Built in 1992 and carefully maintained ever since, the home has been thoughtfully designed for comfortable living with room to grow.

Inside, three spacious bedrooms, two bathrooms, and a large rumpus room provide excellent flexibility for family life or even multigenerational living. Elevated on the block, the home enjoys a pleasant outlook with light-filled interiors that feel bright and welcoming throughout.

A standout feature is the vast under-house area — approximately 145 sqm — incorporating a triple garage and extensive workshop/storage space. This makes the property particularly appealing for tradespeople, hobbyists, or anyone needing room for multiple vehicles and projects.

Set on a substantial 2,922 sqm block, the land itself offers incredible value. Not only is there a block already ready to be subdivided off (STCA), but the broader site also presents further development potential (STCA) once the new planning scheme comes into effect. This combination makes the property particularly attractive to developers and those seeking to landbank for the future.

Positioned in a central part of Margate, the home is close to shops, schools, and transport, making everyday living easy and convenient. Whether you're searching for a spacious family home, a property with excellent shedding and storage, or an investment with significant future upside, this property has it all.

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Property History for 1 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$1,175,000
17 Sep 2025
  • 06 Feb 2009
    Listed for Sale 298500
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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 1,802 properties. Over the last 5 years, Houses in Margate have seen a 46.36% increase in median value, while Units have seen a 43.19% increase. As at 31 October 2025:

  • The median value for Houses in Margate is $835,149 while the median value for Units is $575,647.
  • Houses have a median rent of $575 while Units have a median rent of $460.
There are currently 13 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to Cotality's data, 68 properties were sold in the past 12 months in Margate.

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