554 Van Morey Rd, Margate is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 163484m2 and floor size of 107m2.
CHARACTER HOME WITH BUSH SERENITY AND PRIVACY
THIS UNIQUE 16.92 HECTARE PROPERTY (AROUND 42 ACRES) HAS IMMENSE CHARACTER AND PRIVACY AND HAS THE DISTINCT ABSENCE OF VEHICLE SOUNDS ALTHOUGH IT IS SITUATED CLOSE TO MARGATE AND WITHIN A SHORT COMMUTING DISTANCE TO THE CITY. WITH VIEWS TOWARDS NORTH WEST BAY AND MT WELLINGTON THE 3 BEDROOM HOME IS BUILT AT THE END OF A LOVELY WINDING DRIVEWAY AND HAS A PERVASIVE FEELING OF PERMANENCE AND PEACE. ABUNDANT USE OF TASMANIAN MINOR SPECIES TIMBERS HAS BEEN USED TO CREATE A COMMANDING DWELLING WITH LARGE ROOMS, CATHEDRAL CEILINGS, SOLID BEAMS AND SUNNY OUTLOOK. PART OF THE HOUSE IS BRICK AND AN OUTDOOR AREA AT THE BACK WITH COVERED VERANDAH IS BORDERED BY A CHARMING STONE BUILT RETAINING WALL. THERE ARE 4 DAMS ON THE PROPERTY AND A DOLOMITE QUARRY (THE STONE BEING USED TO FORM THE ROAD). THERE IS A 14M X 8M SHED WITH POWER AND AN EXTENSIVE BUT OPEN WORKSHOP AREA. A SMALL STUDIO IS LOCATED AT A LOWER LEVEL FROM THE HOUSE AND HAS CELERY TOP PINE CLADDING AND HAS BEEN FITTED WITH A SPRINKLER SYSTEM OVER THE ROOF. THERE ARE MANY ASPECTS OF THE PROPERTY BETTER SEEN IN THE FLESH. A 10 MINUTE DRIVE TO MARGATE AND 30 MINUTES TO HOBART.
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:
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