Margate at a glance
4,358
People
$855,000
Median sale
$570/wk
Median rent
3.47%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
$720,000
Last sold
17 July 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
634 m²
Land
115 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$720,000
17 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $830/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Margate at a glance
4,358
People
$855,000
Median sale
$570/wk
Median rent
3.47%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
-15.8%
Median sale
Suburb $855,000
+0.65 pp
Gross yield
Suburb 3.47%
Suburb median $855,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $570/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Margate at a glance
4,358
People
$855,000
Median sale
$570/wk
Median rent
3.47%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate KingstonPositioned in a quiet, well-established street just moments from the heart of Margate, 10 Hyssop Road presents a beautifully maintained brick veneer home that ticks all the boxes for comfort, functionality, and lifestyle. Built in 2010 and set on a 634m² level block, this property offers a peaceful setting with all the conveniences of modern living - perfect for families, retirees, or those looking to enter the market in a high-demand area.
Inside, the home offers a well-considered floorplan with three generously sized bedrooms, all complete with built-in robes. The bathroom includes both a shower and a separate bath, ideal for families, along with a separate toilet for added convenience. A dedicated laundry provides easy access from the driveway, making day-to-day tasks like bringing in the groceries or loading the washing a breeze.
The spacious kitchen includes ample storage and bench space, overlooking the dining area which flows into the bright and airy living room - the ideal hub for family gatherings or quiet nights in. Recently fitted with new blinds and window shutters, the home feels both private and fresh, with large windows throughout inviting in natural light.
One of the standout features of the home is the enclosed sunroom at the rear - a versatile, weather-protected space perfect for entertaining, reading, or enjoying your morning cuppa while overlooking the backyard. Step outside to a secure, fully fenced yard, ideal for pets or children to enjoy safely. At the front, a line of mature privacy trees provides natural screening from the road, giving the home a lovely sense of seclusion and tranquility.
For those needing storage or space, the driveway leads down the side of the property to a spacious garage (7.4m x 6.0m), with off-street parking available for trailers, boats, or multiple vehicles. The easy-care yard and quality construction make this a low-maintenance home without compromising on space or lifestyle.
Conveniently located just a short drive from all the essentials, this home is only three minutes from the Margate boat ramp and Dru Point's scenic foreshore parklands - perfect for weekend strolls, family picnics or launching the boat. The vibrant Kingston shopping precinct is just 11 minutes away, offering major supermarkets, cafés and services, while Hobart CBD can be reached in approximately 23 minutes, making the daily commute or weekend trips into the city a breeze. Local schools, shops, medical facilities and public transport are all within easy reach, making this an ideal spot for relaxed, well-connected living.
Well-loved and move-in ready, this home is a fantastic opportunity for buyers looking to secure a solid, established property in a popular and tightly held location.
Call today to book an inspection!
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Shaun Clark, First National Real Estate Kingston — reproduced as published, not verified by Districts.