1 Lotus Court, Margate, TAS 7054 | Property Value & History | OnTheHouse
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1 Lotus Court
Margate TAS 7054

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 173m2
Land area: 692m2
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Property Details for 1 Lotus Ct, Margate

1 Lotus Ct, Margate is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 692m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
2007
Floor Size
173m2
Land Size
692m2
Local Government
Kingborough
Lot/Plan
4/149800

Last Listing description (February 2020)

Immaculately presented, private indoor and outdoor living areas and designed to stand out from the crowd. This property is immediately recognised as being more than you are expecting. A beautiful entrance hall divides the accommodation from living areas and provides internal light and a modern introduction to the home.Set on one level access is easy from the large double and lockable garage. The kitchen, dining and living area is open plan featuring double glazed windows, a grand stacker door opening to the very private outdoor entertaining courtyard, stone benchtops, plenty of kitchen storage and a further separate and more formal living area.The master bedroom again is grand in proportion offering a walk in wardrobe and lovely ensuite with a walk in shower, vanity and toilet. High quality carpets and floor to ceiling windows are a feature and offer recognisable value and natural light.The spare bedrooms again are well sized and easily accommodating of king sized bedrooms. They both have built in wardrobes and private and quietly positioned.The main bathroom has a separate bath, shower and vanity and features clean and on trend tiling. There is a separate toilet adjacent the laundry that has good storage, bench space and access direct to the clothes line at the rear of the home.This home really is perfect for families, downsizers or investors with capital gain assured because of the forethought of contemporary design. It’s an entertainer, it’s a private and low maintenance space and its fully fenced backyard make it a wonderful home for memories with the children or grandchildren.We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 1 Lotus Ct, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$641,000
21 Jan 2020
Listed for Rent
$500/w
29 Nov 2013
  • 21 Jan 2020
    Sold for $641,000
  • 13 Jan 2020
    Listed for Sale $595,000+
  • 29 Jul 2014
    Sold for $470,000
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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 1,804 properties. Over the last 5 years, Houses in Margate have seen a 41.23% increase in median value, while Units have seen a 44.45% increase. As at 31 December 2025:

  • The median value for Houses in Margate is $843,593 while the median value for Units is $578,871.
  • Houses have a median rent of $590 while Units have a median rent of $478.
There are currently 18 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to Cotality's data, 66 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 7054

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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.