5 Balm Court, Margate, TAS 7054 | Property Value & History | OnTheHouse
OFF MARKET

5 Balm Court
Margate TAS 7054

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 290m2
Land area: 1827m2
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Property Details for 5 Balm Ct, Margate

5 Balm Ct, Margate is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 1827m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
2006
Floor Size
290m2
Land Size
1827m2
Local Government
Kingborough
Lot/Plan
5/140956

Last Listing description (November 2021)

Immaculate presentation! Perfect location.

2 complete and separate homes OR large family home
excellent potential to earn 2nd income

North facing for all day sun
Impressive mountain, rural and village views
top quality kitchens and appliances
huge deck with clear caf curtains
16 panel, 5 Kw Solar system
2 car garage with adjoining studio / work space
large, private garden with 2 sheds and hothouse
backs on to Margate Primary School

From the moment of entering this property, be impressed! Immaculately presented and well built contemporary home (built in 2006) at the end of a culdesac ensuring privacy and no through traffic. This property is fully fenced and oh so safe for the kids.

Everything about this home is big

Currently works as 2 separate homes .
HOME 1
Upstairs is a huge living / dining / family/ kitchen with 3 bedrooms, 2 bathrooms, enormous covered deck complete with caf clears / blinds, separate Entry.
Modern kitchen with quality appliances and large island bench / breakfast bar, serviced by a large walk-in pantry. Expansive windows to take in the fabulous views of Mt Wellington, Sleeping Beauty and more.
All of this is heated by a very effective pellet heater and there is also an 8kw Mitsubishi Heat Pump. If that is not enough, there is also a fully ducted electronically controlled "Warm and Dry" heat transfer system to spread warmth throughout the home. All 3 bedrooms have ceiling fans. You will never be cold in this spacious home!

The huge deck will accommodate the largest family or friends gathering . And if the weather is not "perfect", drop the caf blinds and still enjoy the space, views and outdoors!
Stairs on one end of the living spaces connects to the ground floor home / "space".

HOME 2
Downstairs is almost as big as Upstairs.
Whilst connected by a wonderful staircase this can easily be locked off to ensure 2 totally separate and private dwellings.
Again, a large living / dining / family / kitchen with study nook, 2 bedrooms, 2 bathrooms, separate W.C., study / home theatre, extra large laundry with separate access to the gardens. Double sliding doors open out onto a fully paved patio area with direct access to the garden, driveway etc.
The kitchen is also quite new with quality appliances and large island bench / breakfast bar, serviced by a large walk-in pantry AND a separate walk in storage room.

All of this is heated by a stunning wide gas heater in the living room end, (with a massive built-in T.V. over) and also an 8kw Daikin Heat Pump.
The list goes on and on

To top all of this off, the home is serviced by a 16 panel 5 Kw Solar system ensuring very, very low ongoing energy costs.

Outside where to start? Double garage with adjoining room currently used as a "sleepout" with its own W.C. and vanity. This room is fully insulated and would be great for guest accommodation, or a studio, or workshop, or music room . or . again, you decide?

2 separate garden sheds, a large hothouse, vegie gardens, expansive lawn area, parking for 4 + cars. Primary School over the back fence.

2 'resident' magpies visit every day to be hand fed, plus an abundance of other bird life.

This is an outstanding property in the heart of Margate, a few minutes walk to the local shops and school, and an easy commute to Hobart. What a wonderful environment for the family to enjoy and grow.

Property History for 5 Balm Ct, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$1,300,000
01 Oct 2021
  • 01 Oct 2021
    Sold for $1,300,000
  • 13 Sep 2021
    Listed for Sale Offers Over $1,100,000
  • 14 May 2010
    Sold for $520,000
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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 2 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 74 properties were sold in the past 12 months in Margate.

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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.