29 Riverdowns DriveMargate TAS 7054
Property Details for 29 Riverdowns Dr, Margate
29 Riverdowns Dr, Margate is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1978. The property has a land size of 824m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Last Listing description (April 2024)
Located close to the heart of the thriving township of Margate this solidly constructed and immaculately presented double glazed two bedroom brick residence provides a fantastic opportunity for those buyers looking to reside or invest in a quiet cul-de-sac locale only moments walk to all of the shops and services this growing community has to offer.
Set across a generous, fully fenced 816 sqm parcel of flat land the residence comprises of a recently renovated open plan lifestyle space with direct access to the generous timber entertaining deck and modern, well appointed kitchen. Both bedrooms offer built-in wardrobes whilst the family bathroom has been updated and features a bath, shower bay and separate toilet for additional convenience. A European laundry has direct access to the backyard which is a safe haven for children and pets whilst offering low maintenance, established gardens and a separate lock up double garage with excellent storage options.
The property also includes DA approved plans for an upstairs retreat combining two bedrooms and bathroom ready for its next custodians to grow into and also potential to construct an additional unit/ancillary dwelling STCA. With a level block and the residences proximity to fabulous Dru Point along with the brand new shopping centre just up the road this much loved home ticks all the boxes.
Property History for 29 Riverdowns Dr, Margate, TAS 7054
- 23 Apr 2024Sold for $599,900
- 21 Dec 2023Listed for Sale $599,000+ price range
- 16 Oct 2018Sold for $395,000
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0About 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 37.25% increase in median value, while Units have seen a 37.96% increase. As at 31 January 2026:
- The median value for Houses in Margate is $851,799 while the median value for Units is $584,173.
- Houses have a median rent of $595 while Units have a median rent of $480.
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