4/29 Ernest Street, Margate
Listing data updated 27 July 2026
- There's something special about waking up high on the hill in Margate. Morning light first hits the covered balcony, the water sparkles in the distance - and there's no better spot for your first coffee as the bay comes to life. This is low-maintenance living without compromise - a boutique complex of just nine apartments where the neighbours know your name and the beach is a few hundred metres from your door. Stroll down to Margate Village for shopping, grab a coffee at a local café, or wander along to Sunny's at The Sebel for a long lunch or a sunset drink with friends. Everything that makes the Peninsula lifestyle so sought-after is right here. Inside, the apartment feels a cut above. The owners made significant upgrades during construction - a complete redesign of the kitchen with a 900mm oven and induction cooktop, extra storage, and beautiful blackbutt flooring throughout (main bedroom excepted). Light-filled open-plan living flows out to the balcony, where water views and coastal breezes do the entertaining for you. Features You'll Love: - Unit size - Internal and balcony (163m2), 2 Car spaces (27m2) Storage (8.4ms) = total (198.4m2) - Three spacious bedrooms (master with ensuite and air-conditioning) - North-west corner position capturing water views, natural light and sea breezes - Open-plan living extending to a wraparound balcony - Air-conditioning to living area and main bedroom - Gourmet kitchen with stone benchtops, wine bar and ample storage - Separate laundry - Two side-by-side car spaces plus private lock-up storage - Boutique complex of just nine apartments - proudly owner-occupied - Lift access from garage and entry level to all floors - Complex was completed Jan/Feb2021 The "Karingal Community" is known for its welcoming atmosphere and wonderful residents - something the current owners will truly miss. Apartments here rarely come to market, and it's easy to see why. Key Financials B/Corp - $1,230 p/q Rates - $465 p/q Water - $350 p/q Disclaimer: In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Digital enhancement, including virtual furniture staging or removal, may have been used. Prospective purchasers must rely on their own enquiries, inspections, and legal advice to verify all details.
RealistIQ deal score
Neutral value signal
13
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 4/29 Ernest Street, Margate before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ above RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
Unlock PlusSee the 12-month outlook for this property.
From $29.90/month. Cancel anytime.
Before you inspect, check what similar properties actually sold for.
Unlock Plus to see the full list of comparable sales
Property features
Features detected from the listing details.
Comfort
Kitchen & utilities
Outdoor & building
Security & access
Listing details
- Status
- $1,370,000
Agent and agency
Unlock Plus to see the full list of comparable sales