Margate, located in Tasmania just south of Hobart, is a charming coastal suburb known for its stunning views, family-friendly environment, and vibrant community spirit. With a perfect balance of local amenities and natural beauty, Margate offers an enticing lifestyle for first-home buyers, families, and retirees alike. This article explores the best residential areas in Margate, delineating their unique characteristics, housing options, and average prices.
Table of Contents
Margate Village
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Margate Village is the beating heart of the suburb, featuring a bustling array of shops, cafés, and community services. It's ideal for those who appreciate accessibility and community engagement.
Characteristics of the Margate Village
* Culture: Close-knit community with local markets and events
* Transportation: Well-connected by public transport to Hobart; walking-friendly
* Services: Supermarkets, medical centres, and schools nearby
* Environment: Friendly, community-focused atmosphere
Housing Options in the Margate Village
Houses, Townhouses, Units
Average Home Prices in the Margate Village
* Buying: $450,000 – $600,000
* Renting: $400 – $550/month
Bellerive Beach
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Bellerive Beach is known for its scenic coastline and active lifestyle. It offers access to both the beach and local recreational facilities, making it perfect for beach lovers and outdoor enthusiasts.
Characteristics of the Bellerive Beach
* Culture: Beach culture and water sports
* Transportation: Accessible via car and public transport; bike paths available
* Services: Beachside cafés, playgrounds, and walking tracks
* Environment: Laid-back, coastal living
Housing Options in the Bellerive Beach
Beachfront homes, Apartments, Units
Average Home Prices in the Bellerive Beach
* Buying: $500,000 – $700,000
* Renting: $450 – $600/month
North Margate
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North Margate is a quiet residential area characterised by spacious blocks and family homes. It is popular with families looking for peace while being close to local conveniences.
Characteristics of the North Margate
* Culture: Family-oriented with a community-driven mindset
* Transportation: Limited public transport; car ownership recommended
* Services: Primary schools, parks, and local shopping centres
* Environment: Tranquil and spacious
Housing Options in the North Margate
Single-family homes, Granny flats
Average Home Prices in the North Margate
* Buying: $430,000 – $580,000
* Renting: $400 – $500/month
Margate Hill
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Margate Hill offers spectacular views over the Derwent River and beyond. It is popular among retirees and those seeking a quieter, scenic lifestyle.
Characteristics of the Margate Hill
* Culture: Natural beauty, wildlife, and peaceful surroundings
* Transportation: Good road access; limited public transport options
* Services: Low-density housing, community gardens, and walking trails
* Environment: Serene and picturesque
Housing Options in the Margate Hill
Houses on large blocks, Custom-built homes
Average Home Prices in the Margate Hill
* Buying: $470,000 – $620,000
* Renting: $450 – $550/month
South Margate
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South Margate features a mix of modern developments and established properties, appealing to a varied demographic from families to investors.
Characteristics of the South Margate
* Culture: Diverse community with family-friendly initiatives
* Transportation: Car essential; public transport options available
* Services: Shopping facilities, childcare centres, and recreational parks
* Environment: Vibrant and evolving
Housing Options in the South Margate
Modern homes, Duplexes, Townhouses
Average Home Prices in the South Margate
* Buying: $440,000 – $590,000
* Renting: $420 – $570/month
Woodbridge
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Woodbridge is a few minutes' drive from Margate and offers a charming village atmosphere with a strong sense of community and coastal allure.
Characteristics of the Woodbridge
* Culture: Artisanal markets and local crafts
* Transportation: Less frequent public transport; car recommended
* Services: Local shops, cafés, and community events
* Environment: Idyllic and friendly
Housing Options in the Woodbridge
Cottages, Holiday homes, Renovated heritage homes
Average Home Prices in the Woodbridge
* Buying: $480,000 – $650,000
* Renting: $450 – $600/month
Frequently Asked Questions About the Best Residential Areas in Margate:
The best residential areas in Margate include Margate Village, Bellerive Beach, North Margate, Margate Hill, South Margate, and Woodbridge.
North Margate is noted for its spacious blocks and family homes, making it a great choice for families.
Margate Village provides the highest concentration of amenities, including shops, schools, and healthcare services.
North Margate and South Margate generally offer more affordable housing options compared to other areas.
Margate Hill and Woodbridge are particularly appealing to retirees due to their serene environment and stunning views.
Margate offers a variety of recreational options, including beach activities, walking trails, and local markets.
Public transport is available, but car ownership is recommended for easier access to Hobart and surrounding areas.
Average rental prices in Margate range from $400 to $600 per month, depending on the suburb.
You can find a variety of housing options, including single-family homes, townhouses, units, and beachfront properties.
The median house price in Margate generally falls between $450,000 and $600,000, varying by suburb.
Conclusion on the Best Residential Areas in Margate:
Margate offers an exceptional choice for residential living in Tasmania, boasting a diverse range of suburbs that each bring unique qualities. From the vibrant culture of Margate Village to the tranquil lifestyle of Margate Hill, there is a perfect spot for everyone. Depending on your lifestyle preferences—whether it’s enjoying amenities, embracing natural beauty, or seeking a tight-knit community—Margate has something to offer. With the nearby Hobart city centre, access to amenities and opportunities is a major draw for buyers and renters alike. Choosing Margate means embracing a lifestyle filled with coastal beauty, community spirit, and an array of housing options.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.