7 Derwent Avenue, Margate, TAS 7054 | Property Value & History | OnTheHouse
OFF MARKET

7 Derwent Avenue
Margate TAS 7054

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Floor area: 178m2
Land area: 2859m2
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Property Details for 7 Derwent Ave, Margate

7 Derwent Ave, Margate is a 4 bedroom, 2 bathroom House with 8 parking spaces and was built in 2004. The property has a land size of 2859m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2004
Floor Size
178m2
Land Size
2859m2
Local Government
Kingborough
Lot/Plan
1/138716

Last Listing description (January 2022)

Down a quiet laneway in a picturesque, whisper-quiet location, is this wonderful opportunity. Perfectly situated in one of the Channel's most sought-after locations, this peaceful family home is set on a level approximately 2859sqm of landscaped gardens, complete with over 30 different established fruit trees. Set in a select part of the popular suburb of Margate on a fully sealed road with town water, this gorgeous property is close to the water and walking tracks.

With 4 generous bedrooms, all with built in robes and a separate study /work from home, there is ample space for the whole family. The kitchen has been recently renovated and will be sure to appeal to the most discerning purchaser, with a large bench which is just perfect for gathering over a morning brew or chatting to the kids after their day at school, and connects to the large family/meals area.

The home is big on space and has zoned living so everyone can spread out and do their own thing, yet congregate when it's time to connect. The warm and welcoming front lounge has a cozy wood fire adding allure and is a relaxing space to unwind. The heat transfer system spreads the warmth to the bedrooms and bathroom. There is another wood fire in the enclosed sunroom which spills outside to a covered entertaining area to enjoy those lazy days and balmy summer evenings, where lush flat lawn provides ample space for fresh air adventures, play equipment and backyard cricket. Additional highlights include a 5kw solar system, large shed complete with woodfire and plenty of off-street parking for a boat and caravan.

This spacious family home has everything you need for peaceful country living and is just a few minutes from the heart of Margate with excellent schools and amenities.

Property History for 7 Derwent Ave, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$1,228,000
29 Nov 2021
  • 29 Nov 2021
    Sold for $1,228,000
  • 25 Nov 2021
    Listed for Sale Offers over $1.1 million
  • 13 Dec 2012
    Sold for $490,000
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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 37.25% increase in median value, while Units have seen a 37.96% increase. As at 31 January 2026:

  • The median value for Houses in Margate is $851,799 while the median value for Units is $584,173.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Margate on OnTheHouse. According to Cotality's data, 71 properties were sold in the past 12 months in Margate.

Suburb Insights for Margate 7054

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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.