Property investors who have had real estate in Margate, 4019 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.50%
The five-year average increase in median property values for Margate,4019 has given property investors a potential capital gain of 34.73% across each of those five years.
Our latest figures would indicate that property sellers in Margate are currently offering property investors an average price cut of -4.33% below the asking price at the moment.
On average over the past year, suburb has had 13.33 sales per month, which equates to 160 per year.
Margate, 4019 ranked 205th in QLD when comparing growth in median property values or capital gain over the last 12 months. Margate is one of 2415 in our list for QLD
Margate,4019 was ranked 1032 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Margate are currently offering property investors an average price cut of -4.38% below the asking price at the moment.
Often selling an investment property can take time, and in Margate the average time real estate has been on the market is 78.94 days.
Situated 21.11km from the CBD, Margate is one of Moreton Bay localities in the postcode 4019.