7 Riverdowns Drive, Margate, TAS 7054 | Property Value & History | OnTheHouse
OFF MARKET

7 Riverdowns Drive
Margate TAS 7054

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 125m2
Land area: 1113m2
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Property Details for 7 Riverdowns Dr, Margate

7 Riverdowns Dr, Margate is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1978. The property has a land size of 1113m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1978
Floor Size
125m2
Land Size
1113m2
Local Government
Kingborough
Lot/Plan
7/9528

Last Listing description (September 2021)

This lovely family, brick home is situated in a quiet no through road, just minutes' walk to shops, parks, schools and public transport within the beautiful suburb of Margate.

The home is warm and welcoming with open-plan kitchen/dining and adjoining living area, kept comfortable year-round with reverse cycle heat pump. There are three bedrooms, all with built-ins, family bathroom with both shower and bath and a separate laundry.

There is a large undercover entertaining and barbeque area, as well as a large fully fenced yard, with raised vegetable garden beds, small garden shed, and many beautiful establish trees.

An easy walk to the Esplanade and the ever-popular Dru Point Park with playground, barbeque areas, tennis courts and boat ramp.

This property is a must see, enquire today to secure an inspection time.

* Pets may be considered upon application
* 12 month lease preferred

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property History for 7 Riverdowns Dr, Margate, TAS 7054

A timeline of how this property has performed in the market
Last Sold
$465,000
01 Sep 2018
Listed for Rent
$480/w
30 Sep 2021
  • 17 Sep 2021
    Listed for Rent $480 / week
  • 01 Sep 2018
    Sold for $465,000
  • 28 Aug 2018
    Listed for Sale Offers Over $450,000
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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 1,805 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 1 property listed for rent in Margate on OnTheHouse. According to Cotality's data, 70 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.