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Investment Property Margate, TAS, 7054

Suburb Snapshot

Margate is a suburb in the Kingborough Region of Tasmania. Margate has a population of 3,922 people and 15.42% of its occupants live in rental accommodation. The median listing price for houses is $850,000 and this has changed 14.09% over the past year and changed 9.67% over 2 years.

The median rent in Margate for houses is $555 per week and the median rental yield is 3.39%. Stock on the market for houses/townhouses has changed 4.00% compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Margate is $460 per week, producing a rental yield of NA.

Supply & Demand in Margate, Kingborough

0.43%

Current vacancy rate


7

Rental stock available


3,922

Population


15.42%

Rental population


0.24%

Current vacancy rate


45

Rental stock available


35,848

Population


18.35%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Margate, Kingborough

  House Townhouses Units
Median listing price $850,000 NA NA
Median price change - last quarter 6.91% NA NA
Median price change - 1 year 14.09% NA NA
Median price change - 2 years 9.67% NA NA
  House Townhouses Units
Median weekly rent $555 NA $460
Median yield % 3.39% NA NA
Median rent change - 1 year 0.90% NA 16.45%
  House Units
Previous month sales 6 0
Stock on market previous month 26 2
Stock variance vs. last year 4.00% 0.00%
Average days on market 89 NA

Margate investment property listings

0 found properties in Margate on realestateinvestar.com.au

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