24/1684 Channel Highway, Margate TAS 7054

24/1684 Channel Highway, Margate TAS 7054
2-bed villa | 2014 build | rivulet frontage | private deck | 4km track access This property presents a competitively positioned, low-maintenance unit with a distinct environmental advantage. Its direct rivulet frontage and private deck deliver a rare sense of seclusion and outdoor connection for a unit of this scale, best serving downsizers or professionals seeking a tranquil, lock-and-leave lifestyle with immediate walking track access. The internal garage offers conversion potential, adding functional flexibility. Decision hinges on accepting the bushfire overlay as a manageable risk with associated compliance costs, offset by the unit’s immaculate condition and strong rental demand signals. The compact floor plan trades internal space for its premium outlook. This is a hold proposition for a lifestyle buyer or investor, where capital growth is tied to its unique positioning rather than land size. Recent comparable sales in nearby suburbs provide context: – 5/44 Drysdale Avenue, Kingston (0.7km away) – 7/1 Sophia Street, Kingston – 3/190 Roslyn Avenue, Blackmans Bay – 5/476A Main Road, Montrose These sales, particularly in Kingston and Blackmans Bay, establish a benchmark for modern, smaller-unit values in the broader Kingborough area. While this Margate unit offers a more unique natural setting, its likely value sits within the higher band of this comparable range due to its rivulet frontage, near-new condition, and perceived scarcity.

Market Insight:

Margate is a family-oriented coastal suburb with strong lifestyle appeal, where demand is driven by buyers seeking larger homes in a well-connected regional setting. The market exhibits robust price growth and tight conditions, characterised by low vacancy and limited stock turnover. Future performance is underpinned by sustained buyer interest, though affordability pressures and constrained supply present key constraints to watch.

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

227m²

Built

Recent Assessments