48 Esplanade, Margate, TAS 7054 | Property Value & History | OnTheHouse
 
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48 Esplanade
Margate TAS 7054

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
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Last updated 9 Mar 2026
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Property Details for 48 Esplanade, Margate

48 Esplanade, Margate is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1956.

Building Type
House
Year Built
1956
Local Government
Kingborough
Lot/Plan
1/140957

Last Listing description (December 2019)

Character, coastal opportunity

A rare find and one that will most certainly attract strong attention, this double brick home is a pleasant mix of classic and contemporary living in a most sought-after area of the Channel and only a stone's throw from the home to the water.

Enjoying a large level allotment that is amazingly private, here there is so much space for the kids and pets to play. You also have Beach Road access from the double garage and large workshop.


From the kitchen and living area stunning water views over North West Bay can be enjoyed, and the east side outdoor entertaining deck will give countless hours of seaside pleasure. The private courtyard on the south side offers privacy where water views can be enjoyed while relaxing on the beautiful timber bench.
Throughout the two living areas are gorgeous Tasmanian Myrtle floorboards with a mix of carpet, tile and concrete elsewhere. The home enjoys a large master suite with two generous bedrooms and a study.

The backyard caters to a variety of interests and includes a raised garden bed and variety of stone and citrus fruit trees. The remaining garden surrounding the home incorporates mostly native plants which attracts an abundance of native birds.

This is a very special location. There is a kayak launch across the road, Dru Point family park, reserve and boat ramp so close by. Surrounded by the finest properties Margate has to offer and so desirably located, this iconic property will suit all ages and tick a variety of boxes for so many.

Please come to our open home or book your inspection as soon as possible.

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Property History for 48 Esplanade, Margate, TAS 7054

A timeline of how this property has performed in the market
  • 02 Dec 2019
    Sold - Price Undisclosed
  • 27 Nov 2019
    Listed for Sale Offers over $795,000
  • 20 Aug 2009
    Listed for Sale $500,000+
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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 1,804 properties. Over the last 5 years, Houses in Margate have seen a 34.81% increase in median value, while Units have seen a 31.56% increase. As at 28 February 2026:

  • The median value for Houses in Margate is $852,172 while the median value for Units is $569,494.
  • Houses have a median rent of $593 while Units have a median rent of $480.
There are currently 12 properties listed for sale, and 1 property listed for rent in Margate on OnTheHouse. According to Cotality's data, 75 properties were sold in the past 12 months in Margate.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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