Back 1/31 Riverdowns Drive
Off Market

1/31 Riverdowns Drive

Margate TAS 7054

2
1
1
73 sq.
346 m²
Unit
Michael KingstonMichael Kingston, last sold this property on 12 April 2026 after 7 days on market.

Overview

Comfort, Convenience & Quiet Living in Margate

Tucked away in a quiet, sunny cul-de-sac, this solid early '80s unit offers comfortable, low maintenance living in a convenient Margate location. This unit is one of only two and features two good sized bedrooms, both with built-in robes and a practical central bathroom. The light filled lounge has been updated with brand new floor coverings and is kept comfortable year round with a Daikin heat pump, while ceiling insulation adds to the home's energy efficiency. The kitchen and bathroom remain original to the era, presenting a neat and functional space with potential for future updates if desired. NBN is connected, and the property also includes a dedicated carport for off-street parking. The property has a level backyard with two garden sheds, secure fencing and neat gardens. Positioned within easy walking distance to the local bus stop, chemist, Margate Tavern and neighbourhood shops, the location is both peaceful and convenient. For leisure and lifestyle, Hopfields Brewery is just a two minute drive away and the popular North West Bay Golf Club is only five minutes from your door. This is a great opportunity to secure a solid unit in a well established, sought after pocket of Margate. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
73 sq. floor area
346 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Margate over the last 12 months, the estimated median property value of 1/31 Riverdowns Drive is $595k.

Median value
$595k
Estimated value range
$515k - $610k
Median days on market
33
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Margate. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/31 Riverdowns Drive

2026
Sold
Undisclosed
12 Apr 2026 by Michael Kingston, of LJ Hooker Pinnacle Property
2023
Rented
Undisclosed
Leased on 20 Jul 2023 by Raine & Horne Eastern Shore

Happy sellers in Margate

92%
92% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Margate over the last 12 months.

Local market activity for 2 bedroom units in Margate

In the last 12 months, 8 two-bedroom units similar to 1/31 Riverdowns Drive, have been sold.

This represents a 350% decrease in two-bedroom units sales when compared to the previous 12 months.

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