Back 198 Margate St
Off Market

198 Margate St

Mount Gravatt East QLD 4122

3
1
1
607 m²
House
Last sold for $604,000
Patrick IveyPatrick Ivey, last sold this property on 24 January 2017 after 5 days on market.

Overview

Under Contract

Nestled in a leafy locale so close to sought after amenities and arterial roads, yet so far from disruption, find yourself well positioned in the ever-growing Mount Gravatt East. With capital growth a given here, act immediately or miss out. Breezy and elevated, the true theme underpinning your investment is potential. "Move in ready", appreciate the current state for all it offers and proceed to add capital improvements in due course. A well maintained façade and picket fencing invites you into your elevated family home amongst the tree tops. Comprising a neutral palette, silky oak casement windows, Masonite internal linings and polished timber floors throughout, the home's charm is indicative within its layout. Generous sized entertaining both inside and out, you will be swept away by the open and light filled living options. No requirement to over capitalise, your kitchen and bathroom have been recently updated. Your modern kitchen plays host to an abundance of bench space and updated stainless steel appliances that flow effortlessly onto both inside and outside dining options. Three huge bedrooms all with built in robes. Air conditioned master with ceiling fans in remaining two, ensuring year round comfort. The outlook of each room being "tree-scape", you will find yourself at peace knowing you are in such an elevated position. Situated close to Cavendish Road and Mansfield High Schools, and a short walk to shops and cafes and Whites Hill Reserve. A 5-minute drive to Holland Park Busway will see CBD commuters at work in 20 minutes. 7 minutes to Westfield Carindale and 5 minutes to Westfield Garden City, the property is central to all major retail and transport facilities. Room for a pool and a guest house in the rear yard. This is an unmissable opportunity, contact Patrick Ivey today to arrange your inspection.

Features

3 bedrooms
1 bathroom
1 carspace
607 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Gravatt East over the last 12 months, the estimated median property value of 198 Margate St is $1.33m.

Median value
$1.33m
Estimated value range
$960k - $2.15m
Median days on market
18
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Gravatt East. 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 198 Margate St

2017
Sold
$604,000
Private Sale/Treaty on 24 Jan 2017 by Patrick Ivey, of Harcourts Property Centre Coorparoo
2012
Sold
$470,000
Private Sale/Treaty on 27 Apr 2012

Happy sellers in Mount Gravatt East

95%
95% of sellers in Mount Gravatt East reported that their sale price either exceeded or met their price expectations.

Mount Gravatt East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Mount Gravatt East over the last 12 months.

Local market activity for 3 bedroom houses in Mount Gravatt East

In the last 12 months, 57 three-bedroom houses similar to 198 Margate St, have been sold.

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

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