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Investment Property Margate, QLD, 4019

Suburb Snapshot

Margate is a suburb in the Moreton Bay Region of Queensland. Margate has a population of 7,405 people and 38.20% of its occupants live in rental accommodation. The median listing price for houses is $900,000 and this has changed 12.50% over the past year and changed 18.42% over 2 years.

The median rent in Margate for houses is $580 per week and the median rental yield is 3.35%. Stock on the market for houses/townhouses has changed -20.37% compared to last year and the average time to sell a house/townhouse is 86 days.The median listing price for units is $750,000 and this has changed 15.56% over the past year. The average unit takes 164 days to sell and the median rent for a unit in Margate is $450 per week, producing a rental yield of 3.12%.

Supply & Demand in Margate, Moreton Bay

0.94%

Current vacancy rate


38

Rental stock available


7,405

Population


38.20%

Rental population


0.82%

Current vacancy rate


1,724

Rental stock available


425,303

Population


28.79%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Margate, Moreton Bay

  House Townhouses Units
Median listing price $900,000 NA $750,000
Median price change - last quarter 4.04% NA 7.14%
Median price change - 1 year 12.50% NA 15.56%
Median price change - 2 years 18.42% NA 12.78%
  House Townhouses Units
Median weekly rent $580 NA $450
Median yield % 3.35% NA 3.12%
Median rent change - 1 year 9.43% NA 4.65%
  House Units
Previous month sales 6 4
Stock on market previous month 43 14
Stock variance vs. last year -20.37% -12.50%
Average days on market 86 164

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