35 Ernest Street Margate QLD 4019

35 Ernest Street Margate QLD 4019
Ocean views in elite bayside pocket | 2012 built with pool | Large 683mΒ² block | Bedroom count discrepancy noted This property presents a clear positional premium, but carries verification risk on its stated four-bedroom configuration, which could impact financing and resale. The 2002 last sale date indicates significant untapped equity, yet the three-day listing period suggests either aggressive pricing or immediate buyer interest. Acquire only after confirming bedroom compliance with local council records, and hold as a long-term coastal lifestyle holding, not a short-turn project. Its rarity stems from a 683mΒ² parcel in a tightly held coastal pocket, offering a modern residence with multiple living areas and a poolΒ—a combination scarce in this locale. The expansive floor plan and views cater specifically to the upsizing family seeking a permanent bayside lifestyle, not an investor. This is a primary residence for those valuing space and amenity over proximity to urban cores. Your next step is a targeted due diligence review to validate the floor plan and assess the premium commanded by this specific street.

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

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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

3

Parking

5

Land

683mΒ²

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