48 Derwent AvenueMargate TAS 7054
Property Details for 48 Derwent Ave, Margate
Last Listing description (October 2025)
Inspection by appointment only.
Situated on the point at the end of Derwent Avenue, this most extraordinary lifestyle offering will be a drawcard to say the least. The land is level and practical and the location iconic in the local landscape.
A generous allotment of approximately 2919 sqm, this stunning property offers scenic water and mountain views and an existing 21.4m X 9.2m shed that has recently had all asbestos removed (certificate available) and been reclad in Colorbond.
On the banks of the D'Entrecasteaux Channel overlooking Bruny Island and in an extremely sought after enclave. This is an opportunity not to be overlooked.
Please book your inspection by appointment, inspections of this property will not disappoint.
Property History for 48 Derwent Ave, Margate, TAS 7054
- 24 Jul 2025Listed for Sale Offers over $695,000
- 24 Jul 2025Sold for $750,000
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0About Margate 7054
The size of Margate is approximately 41.9 square kilometres. There are 9 parks, covering nearly 5.7% of the 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 27.29% increase in median value, while Units have seen a 24.90% increase. As at 31 May 2026:
- The median value for Houses in Margate is $892,994 while the median value for Units is $605,121.
- Houses have a median rent of $630 while Units have a median rent of $488.
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