Back 18 Ernest Street
Off Market

18 Ernest Street

Margate QLD 4019

4
4
4
0 m²
506 m²
House
Last sold for $1,700,000
Sheldon PitamaSheldon Pitama, last sold this property on 28 August 2025 after -95 days on market.

Overview

Exciting Redevelopment Secured in Margate

A rare Margate opportunity has officially changed hands, with the 4-unit complex at 18 Ernest Street now sold and set for an exciting redevelopment. Soon to be reimagined into four contemporary townhouses, this prime site marks the beginning of a fresh new chapter in a sought-after pocket. A fantastic outcome for both buyer and seller, and an exciting project now underway.

Features

4 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
0 m² floor area
506 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Margate over the last 12 months, the estimated median property value of 18 Ernest Street is $1.23m.

Median value
$1.23m
Estimated value range
$905k - $1.94m
Median days on market
41
Estimated value trend
29%
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 18 Ernest Street

2025
Sold
$1,700,000
28 Aug 2025 by Sheldon Pitama, of Image Property Aspley
2022
Sold
Undisclosed
20 Mar 2022 by Maddie Dolan, of Century 21 Maddies Hermans

Happy sellers in Margate

78%
78% 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 47 reviews in Margate over the last 12 months.

Local market activity for 4 bedroom houses in Margate

In the last 12 months, 39 four-bedroom houses similar to 18 Ernest Street, have been sold.

This represents a 18% decrease in four-bedroom houses sales when compared to the previous 12 months.

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