550 Margaret Rd, Hovea is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 49497m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
RARE EARTH
Where in the middle of Hovea can you find over 12 acres of mostly pastured property complete with Scheme Water?
After being owned by the same family for many years, this delightful property right in the middle of Hovea is finally coming to the market with the owner having decided that it's time to downsize. Originally built in the 1920's or 1930's the house is full of charm and character, but would need some work to bring it back to its original condition.
The size of Hovea is approximately 31.6 square kilometres. There are 5 parks, covering nearly 74.7% of the total area. The population of Hovea in 2016 was 621 people. By 2021 the population was 713 showing a population growth of 14.8% in the area during that time. The predominant age group in Hovea is 50-59 years. Households in Hovea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hovea work in a professional occupation.In 2021, 94.60% of the homes in Hovea were owner-occupied compared with 94.30% in 2016.
Hovea has 289 properties. Over the last 5 years, Houses in Hovea have seen a 91.77% increase in median value, while Units have seen a 121.68% increase. As at 30 June 2026:
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