4 Parish Lane, Margate is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1982.
Property No. 7587 UNDER CONTRACT. This generously sized family home is located on a good size block of 776m2, situated in a quiet area of Margate on a no-through road and yet still a stone's throw from local schools, shops and public transport. It would ideally suit a family, as it offers 3 good size bedrooms, 2 bathrooms, separate kitchen / dining, as well as formal dining and a good size lounge. It also has a semi attached rumpus with kitchenette, atrium and courtyard, ideal for entertaining. The house enjoys both water and mountain views. The property has had some recent renewal with newly sanded and polished floors (with insulation under), as well as a modern paint scheme. The property also includes 4KW of solar panels (16), a large double garage with a generous amount of under house storage. It has good internal storage, including 3 linen cupboards, as well as large built-in wardrobes in 2 bedrooms. There is also a reverse cycle heat pump as well as a wood heater to ensure you are kept warm all year round. If your looking for an investment the property should return $420-440 p/w in rent.
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 1,803 properties. Over the last 5 years, Houses in Margate have seen a 37.13% increase in median value, while Units have seen a 28.72% increase. As at 31 March 2026:
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