23A Blackwood Road, Margate QLD 4019

23A Blackwood Road, Margate QLD 4019
Modern lowset brick home | Margate beachside pocket | Quiet street with strong demand | Built 2015-2016 | 4-bedroom family layout with open living. This property occupies a defensible position in a tight submarket where modern, low-maintenance family homes on 405 mยฒ blocks are scarce. The 2015-2016 build quality, combined with split-system air conditioning, ceiling fans, and full stacker doors to an outdoor entertaining area, reduces immediate capital outlay for a buyer and supports resale appeal. Its location within a 1 km walk to both Margate and Suttons Beaches, plus catchment for Humpybong State School and Redcliffe State High School, anchors demand from families seeking lifestyle and schooling convenience. The double lock-up garage and fully fenced, established gardens add practical security and low upkeep, making this most suitable for owner-occupiers or investors targeting stable rental yields around $745 per week. The primary risk is the pricing gap between the asking price and estimated values, which may indicate vendor expectation above current market evidence; the nearby Victoria Avenue sale at $1,200,000 in January 2026 provides a recent, lower comparator. No flood, bushfire, or heritage overlays reduce insurance and regulatory risk, while the 70% building coverage and 20 m elevation suggest limited redevelopment upside but no immediate site constraints. The discrepancy in floor area reporting (179 mยฒ versus 284 mยฒ) warrants verification during due diligence, as it could affect financing or future valuation. NBN Hybrid Fibre Coaxial and 5G coverage support modern connectivity but are not primary value drivers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 23A Blackwood Road, Margate QLD 4019
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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

4

Bathroom

2

Parking

2

Land

405mยฒ

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