5 Derwent Avenue, Margate, TAS 7054 sold on 07 January 2026 | OnTheHouse
SOLD
Sold on 07 Jan 2026 - Price Unavailable

5 Derwent Avenue
Margate TAS 7054

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Floor area: 251m2
Land area: 4777m2
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Property Details for 5 Derwent Ave, Margate

5 Derwent Ave, Margate is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 4777m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 4 bedroom House sold in Margate in the last 12 months.

Building Type
House
Floor Size
251m2
Land Size
4777m2

Last Listing description (January 2026)

Nestled in a quiet, established pocket of Margate, and only 200 metres from the Dave Burrows picturesque coastal walking track, this spacious four-bedroom (potentially five-bedroom) residence is sure to impress.

Set on a level, beautifully maintained 4,777m² allotment, the property exudes a sense of distinction from the moment you arrive, with an automated entrance gate and a sealed circular driveway creating an elegant first impression.

The gardens surrounding the home are equally captivating, showcasing an array of established plantings including a productive mini-orchard, herbaceous garden beds, rose bushes and sweeping lawns that frame the home perfectly.

Double entry doors open to a warm and inviting interior. The generous foyer leads through to the home's main living areas, comprising a family/dining space, a well-appointed kitchen and a separate living room. Bay windows in these rooms enhance the feeling of space and invite the garden views indoors.

The kitchen, while of an older style, has been superbly maintained and offers expansive preparation surfaces, abundant storage including a pantry, along with a wall oven, dishwasher, electric cooktop and rangehood. Two heat pumps (reverse-cycle air conditioners) ensure year-round comfort throughout the entire living zone. Quality finishes, including tiled floors, carpeted areas, vertical blinds and Venetians, feature throughout.

A hallway off the kitchen leads to a practical utility wing, including a spacious and attractively finished laundry with direct access to the patio and garden, as well as linen storage and a separate toilet.

Further along, the family bathroom, complete with bath, separate shower and vanity, sits opposite the master suite. The master bedroom features built-in robes and an ensuite with shower, vanity and toilet.

Adjacent to the family bathroom, a doorway opens into a wonderfully large rumpus room, offering exceptional flexibility for use as a games room, studio, home office or additional living space. Sliding doors connect this room to the impressive covered outdoor entertaining area, ideal for hosting larger gatherings and perfectly suited to Tasmania's ever-changing weather.

A separate hallway leads to the remaining three bedrooms, all with built-in robes, and provides internal access to the home's single garage. An additional heat pump services this area of the home.

Beyond the main residence, the grounds continue to unfold. At the far end of the driveway sits a highly functional garage with electric roller door and adjoining carport. This substantial structure offers excellent vehicle storage capacity, generous workshop space, high internal clearance and useful mezzanine storage approximate size 12 x 6 metres.

This tranquil part of Margate offers a delightful semi-rural ambience. The nearby "Dave Burrows Walk" and "Dave Burrows Park", forming a natural backdrop to the property, enhance the setting, with abundant native wildlife and birdlife contributing to the peaceful, nature-rich environment.

Despite the rural feel, the property is conveniently close to Margate's primary school, shops and services, with Kingston just 10 minutes away. Dru Point provides boat launching facilities, a children's playground and a dog exercise area, while Hobart is only 25 to 30 minutes from the doorstep and is serviced by public transport.

Immaculately presented and rich in potential, this charming home will appeal to a wide range of buyers seeking space, tranquillity and the opportunity to add their own personal touch in a truly special part of Margate.

Property History for 5 Derwent Ave, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
07 Jan 2026
  • 19 Dec 2025
    Sold for $1,152,500
  • 09 Dec 2025
    Listed for Sale Offers Over $1,100,000
  • 13 Nov 2007
    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 1,803 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 7 properties listed for sale, and 3 properties 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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Paul Guest
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Raine & Horne Kingston
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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.