141 Macdonnell Road, Margate QLD 4019

141 Macdonnell Road, Margate QLD 4019
3 beds, pool, 663sqm | Kippa-Ring & Clontarf Beach catchments | Listed 3 days | 20-day market average This property occupies a rare middle-ground in Margate: a full-size block with a pool and outdoor entertaining, within walking distance of two well-regarded public school catchments. For a buyer seeking a house that works immediately as a family homeโ€”without needing to renovate for basic amenityโ€”this configuration is competitively lean. The 663sqm parcel holds more latent value than the median 3-bedroom house in the suburb, especially given the 20-day average sell time signals steady local demand. It serves best a buyer who values school proximity and immediate livability over a cosmetic discount. The principal risk is the 2021 purchase price floor; if the vendor holds above current valuation, negotiation may stall in a market where the auction clearance rate sits at zero. The pool and air conditioning are strong retention features for a family buyer, but they also narrow the investor pool. The opportunity lies in the blockโ€™s subdivision potentialโ€”a buyer who can hold medium-term may extract additional value by splitting or developing the rear. To use this property, buy for the school catchment and the pool, hold for the land.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Margate is a well-established bayside suburb attracting families and professionals seeking a coastal lifestyle with strong connectivity to Brisbane. Demand is driven by these owner-occupiers and investors capitalising on robust capital growth, supported by low sales volumes and consistent population increases. The market demonstrates high competition with rapid sales, particularly for houses, which show exceptional annual growth. Future accessibility will be enhanced by planned Redcliffe infrastructure, though high entry prices and limited stock present ongoing affordability and supply constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

663mยฒ

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