ate ' s ▁urban ▁centre , ▁known ▁as ▁Marg ate ▁Village ▁is ▁home ▁to ▁a ▁string ▁of ▁ret ail ▁and ▁commercial ▁business es ▁including ▁a ▁local ▁sho pping ▁centre ▁which ▁is ▁anch ored ▁by ▁a ▁W ool worth s ▁& ▁Terry ▁White ▁Chem ists . ▁ ▁Marg ate ▁Village ▁provides ▁the ▁higher ▁order ▁ret ail ▁and ▁commercial ▁role ▁of ▁a ▁centre ▁serving ▁mainly ▁Red cl iffe ▁City ▁residents , ▁in ▁comparison ▁to ▁other ▁urban ▁villages ▁in ▁Red cl iffe ▁City . ▁Currently , ▁Marg ate ▁has ▁a ▁building ▁height ▁restriction ▁of ▁six ▁store ys ▁in ▁z oned ▁areas ▁along ▁D uff ield ▁Road ▁towards ▁Marg ate ▁Beach . ▁ ▁The ▁Red cl iffe ▁her itage ▁designer - builder ▁Alex ▁Smith ▁constructed ▁a ▁number ▁of ▁buildings ▁in ▁Marg ate . ▁ ▁The ▁last ▁remaining ▁officially ▁recognized ▁construction ▁in ▁Marg ate ▁by ▁Alex ▁Smith ▁is ▁the ▁W alt zing ▁Mat ilda ▁Mot el ▁which ▁is ▁currently ▁under ▁demol ition ▁to ▁be ▁re develop ed ▁into ▁a ▁four ▁level ▁hotel ▁over looking ▁Marg ate ▁Beach ▁& ▁Mor eton ▁Bay . ▁ ▁Dem ograph ics ▁ ▁In ▁the ▁, ▁Marg ate ▁recorded ▁a ▁population ▁of ▁ 7 , 0 0 8 ▁people , ▁ 5 2 % ▁female ▁and ▁ 4 8 % ▁male . ▁ ▁The ▁median ▁age ▁of ▁the ▁Marg ate ▁population ▁was ▁ 4 2 ▁years , ▁ 5 ▁years ▁above ▁the ▁national ▁median ▁of ▁ 3 7 . ▁▁ 7 2 % ▁of ▁people ▁living ▁in ▁Marg ate ▁were ▁born ▁in ▁Australia .