Back 107 Albert Street
Off Market

107 Albert Street

Margate QLD 4019

6
3
2
592 m²
House
Last sold for $1,325,000
Mark RumseyMark Rumsey, last sold this property on 31 August 2025 after 35 days on market.

Overview

Sold By Mark Rumsey and the Team at David Deane Real Estate

Address: 1 & 2 / 107 Albert Street, Margate Land Size: 592m² Total Rental Income: $1,235 per week Leased Until: Early 2026 (Both Dwellings) Built: Circa 2020 (Approx. 5 Years Old) Council Rates - $716.18 per quarter approx' Water Rates - $1,010.84 per quarter approx' Modern, Versatile, and Positioned for Growth Just moments from the iconic Peninsula foreshore and Margate Beach, this contemporary dual-key residence delivers exceptional value for both savvy investors and growing families. With two fully self-contained dwellings under one roof, this is a rare opportunity to secure a high-yield property in one of the Redcliffe Peninsula's most in-demand lifestyle corridors. Dwelling 1 - Spacious 2 Storey 4-Bedroom Home with Multiple living Zones Across Two Levels (Currently rented for $740/week until January 2026) Downstairs Features: Galley-style kitchen with stainless steel appliances, dishwasher, double-door pantry, and ample bench space Open-plan living and dining area with air-conditioning Multi-purpose room (ideal fifth bedroom or additional living space) Study nook with built-in storage Guest toilet with separate vanity alcove Laundry with backyard access Linen cupboard and extra storage Upstairs Features: Oversized master bedroom with walk-in robe, ensuite, and private retreat area Three additional bedrooms with built-in robes and ceiling fans Air-conditioned rumpus/living area Family bathroom with separate bath and shower Separate toilet and large linen cupboard Extras: Double lock-up garage with internal and rear yard access Covered alfresco entertaining area Fully fenced private backyard with room for children and pets Dwelling 2 - Modern 2-Bedroom Unit (Currently rented for $495/week until March 2026) Open-plan living and dining area with air-conditioning and ceiling fan Stone benchtop kitchen with dishwasher Two generously sized bedrooms with built-in robes and ceiling fans Main bathroom Separate laundry cupboard Private tiled alfresco and spacious courtyard Key Highlights: Dual income stream with combined rental of $1,235 per week Secure tenancies in place through early 2026 Modern construction (approx. 5 years old) with quality finishes Quiet, leafy street surrounded by quality homes Short distance to Margate Beach, shops, schools, and public transport A Rare Dual-Key Investment in a Prime Lifestyle Location This property offers the perfect blend of strong rental yield, modern living, and long-term growth potential. Whether you're a seasoned investor or looking to accommodate extended family under one roof, this is an unmissable opportunity. Contact Mark Rumsey today for more information or to book your inspection. We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

6 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
592 m² lot size
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Margate over the last 12 months, the estimated median property value of 107 Albert Street is $1.67m.

Median value
$1.67m
Estimated value range
$1.2m - $3.2m
Median days on market
76
Estimated value trend
20%
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 107 Albert Street

2025
Sold
$1,325,000
Private Sale/Treaty on 31 Aug 2025 by Mark Rumsey, of Image Property Pine Rivers
2020
Sold
$340,000
14 Jun 2020 by Jan Jones, of Jan Jones Real Estate

Happy sellers in Margate

79%
79% 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 48 reviews in Margate over the last 12 months.

Local market activity for 6 bedroom houses in Margate

In the last 12 months, 4 six-bedroom houses similar to 107 Albert Street, have been sold.

This represents a 25% decrease in six-bedroom houses sales when compared to the previous 12 months.

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