What is the price of housing in Margate?

The prices range considerably depending on whether the house is an older style that needs work, renovated, close to the water or fairly new. You can get a very basic 2-3 bedroom home in the 300 000's. These are generally much older, may need work and either have timber or fibro cladding. Obviously the closer you get to the water, the more expensive the housing. It is still a great place to buy for investment and first homes.