Margate, 4019 ranked 291th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Margate has increased when compared to the 5 year average annual rate.
At number 595th of QLD’s most discounted properties, Margate is in the TOP 30% of the state/territory when listing in order of most discounted to least.
The QLD suburb of Margate, 4019 is in the Moreton Bay local government area.
If you compare the increase in value of investment property in Margate, 4019 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.80%.
LACK OF BUYER INTEREST may well be the reason that Margate is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 253th in terms of most discounted suburbs in QLD
Property investors should expect to get $350 weekly from the median priced house in this suburb.