4/5 Incana Road, Margate, TAS 7054 | Property Value & History | OnTheHouse
OFF MARKET

4/5 Incana Road
Margate TAS 7054

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 305m2
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Last updated 11 May 2026
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Property Details for 4/5 Incana Rd, Margate

4/5 Incana Rd, Margate is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 305m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2013
Floor Size
95m2
Land Size
305m2
Local Government
Kingborough
Lot/Plan
4/164067

Last Listing description (May 2026)

Leased until March 2027, this modern twobedroom villa unit presents an excellent investment opportunity with the added bonus of expansive water views.

The upper level features open plan living, dining and kitchen, kept comfortable yearround with a Daikin heat pump. Sliding doors extend the living space onto a sundrenched balcony, the perfect spot to relax and enjoy the pleasant water outlook.

Both bedrooms include builtin wardrobes, with the main bedroom also enjoying direct access to the balcony. Downstairs, a single garage provides secure parking along with generous underhome storage.

With 22 solar panels offering approximately 6kW capacity, a low maintenance garden, and a convenient location close to schools, Dru Point and local services, this is an appealing, lowfuss property with strong longterm potential

Property History for 4/5 Incana Rd, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$580,000
29 Oct 2023
Listed for Rent
$490/w
11 Oct 2024
  • 12 May 2026
    Listed for Sale Offers over $630,000
  • 17 Jan 2024
    Listed for Rent $490 / week
  • 29 Oct 2023
    Sold for $580,000
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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 1,801 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 6 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 76 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.