Margate is a popular southern Hobart Channel district suburb on the D'Entrecasteaux Channel waterway, popular for its produce market, antique stores and relaxed coastal lifestyle. Popular with retirees and families seeking a more rural pace within 20 minutes of Hobart. At the current $590k median house price, an 80% loan at 6.25% over 30 years is about $2,906 per month.
| Median house price | $590,000 |
|---|---|
| Median unit price | $380,000 |
| Estimated monthly repayment | $2,906 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 4.7% |
| Typical days on market | 22 |
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