2/5 Incana Road, Margate, TAS 7054 | Property Value & History | OnTheHouse
 
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2/5 Incana Road
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 150m2
Land area: 279m2
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Property Details for 2/5 Incana Rd, Margate

2/5 Incana Rd, Margate is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 279m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2012
Floor Size
150m2
Land Size
279m2
Local Government
Kingborough
Lot/Plan
2/164067

Last Listing description (January 2020)

This spacious modern 3 bedroom home has stunning water views to North West Bay. The interior is modern and very well cared for, with a fresh neutral color scheme throughout.

The upper level comprises a very spacious open plan living, dining and kitchen area with a beautiful deck off the main lounge to take advantage of the water views and surrounding areas. The home is filled with warmth and natural light. Two double bedrooms both with built in robes, modern bathroom and laundry are all on the upper level. The master bedroom also has glass sliding doors with access to the sun deck.


The lower level has a welcoming entrance with access to the carpeted staircase leading you upstairs to the main living areas. There is a 3rd bedroom of grand proportions with lots of cupboard space on the lower level with easy access to the powder room. This third bedroom would make an ideal teenagers retreat or guest room and is large enough to be used as a second living/rumpus room.

The outdoor areas on the ground level are superb, beautifully well maintained gardens surround the property. There is a private courtyard space that has ample seating with a paved paved BBQ area that is set in a delightful garden setting. The space creates ample room to grow your own veggies and as such has numerous veggie patches.

The complex is in a great area with all amenities close by.

Great water views, popular location, choice of 2 decks on the upper level and a beautiful outdoor entertaining area make this a perfect place to move in and enjoy with absolutely nothing left to do.

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Property History for 2/5 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$455,000
10 Dec 2019
Listed for Rent
$375/w
20 Apr 2017
  • 10 Dec 2019
    Sold for $455,000
  • 01 Oct 2019
    Listed for Sale Offers Over $459,000
  • 10 Jul 2017
    Sold for $350,000
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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 1,802 properties. Over the last 5 years, Houses in Margate have seen a 47.26% increase in median value, while Units have seen a 44.38% increase. As at 30 November 2025:

  • The median value for Houses in Margate is $842,107 while the median value for Units is $574,760.
  • Houses have a median rent of $590 while Units have a median rent of $478.
There are currently 15 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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