Located in the dynamic state of TAS (postcode 7054), MARGATE is a vibrant real estate market. This suburb holds a median house price of $833,500 and has demonstrated an average buying growth of Up 12.8%. Last month, 16 houses were available, with 42 transactions completed in the past year. Properties spend around 23 days on the market, reflecting the area's demand with 648 interested buyers. The average rental yield stands at 3.6%, with a weekly median rent of $460 per week and an average rent growth of Up 14.6%. Rental properties usually stay on the market for 14 days. The population in 2016 was 3945, which changed by +8.90% in the past five years. The median weekly household income is $1,496, reflecting an income change of +8.88% over the past five years. Residents have a median age of 37 years, and the suburb has an average annual growth for houses of +9.84%. To fully take advantage of MARGATE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MARGATE, Handle provides end-to-end property investment services, backed by data and experts.