55 Esplanade, Margate is a 4 bedroom, 4 bathroom House with 8 parking spaces and was built in 2007. The property has a land size of 1228m2 and floor size of 360m2. While the property is not currently for sale or for rent, it was last sold in January 2005.
This absolute waterfront property boasts sweeping panoramic views over North West Bay and is only 20-30 minutes south of Hobart. The generous 1540m2 block hosts a sleek, contemporary residence designed with clean, fluid lines and a close connection to the outdoors.
A northerly aspect with walls of glass frames the uninterrupted water views from the kitchen and living areas. There is a wonderful functional automation throughout, allowing low maintenance living along with the sense of effortless luxury provided when the right attention has been applied to fixture, fitting and finish.
The amenity is high calibre: 4 bedrooms and bathrooms, the master with a dressing room; study; media/cinema room; wine cellar; outdoor kitchen and entertaining area; ample storage and garaging for 3 cars. The private jetty, dry dock, 2 moorings and rib ensures paradise for the boating enthusiast.
A short stroll along the Esplanade leads to Dru Point Bicentennial Park, with playground, kiosk, picnic facilities and scenic foreshore walking track. All this and more from this exceptional private retreat.
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 1,802 properties. Over the last 5 years, Houses in Margate have seen a 47.26% increase in median value, while Units have seen a 44.38% increase. As at 30 November 2025:
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