Margate at a glance
4,358
People
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
TAS › Margate › Old Bernies Rd
$862,000
Last sold
18 June 2021
2
Bedrooms
2
Bathrooms
4
Car spaces
25,050.041 m²
Land
1,430.707 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
$862,000
18 June 2021 · derived via latest_sale
Margate at a glance
4,358
People
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
+0.2%
Median sale
Suburb $860,500
0.00 pp
Gross yield
Suburb 3.44%
Suburb median $860,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Kingborough Interim Planning Scheme 2015
Zone
13.0 Rural Living
13
Jurisdiction
Kingborough Council
Kingborough, TAS
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
TASZoned 13.0 Rural Living (Kingborough Interim Planning Scheme 2015). Official parcel area about 25,104 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned 13.0 Rural Living (Kingborough Interim Planning Scheme 2015). Official parcel area about 25,104 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 25,104 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate KingstonPreviously a popular stop on the open garden trail, this picturesque property is currently nurtured and loved by a retired nursery owner. Hence, as soon as you start down the well-maintained driveway you will appreciate the abundance of colour, the variety of the plantings and the thoughtful artistry that has gone into creating this wonderful, now easy-care, very special place to be.
Set on approximately 6 acres of mostly level land, with the only steep section leading down to a winter creek, which is one of the tributaries of the Margate Rivulet. Amidst a bush and rural landscape, yet only minutes from shops, schools and services, this lovely home and surrounding gardens provide a peaceful escape from the day to day. Internally the home is light and bright. High ceilings, skylights and a neutral palette create a feeling of contemporary living and slate floors, the use of timber, and garden views through expansive windows and sliding doors, enhance the calm and relaxed atmosphere. Originally 3 bedrooms, this spacious 154m2 home now has very generous proportions throughout its easily accessed single level living. Both bedrooms are at opposite ends of the home providing privacy for the occupants and the master offers an ensuite and walk in robe.
Outside there is an abundance of water with a large rainwater tank, a bore and two very full dams. A fenced veggie garden keeps the produce safe and 75% of the land has wallaby proof fencing to conserve the beauty within.
Only minutes from the waterside township of Margate which provides shops, primary schools, services, public transport, the Dru Point Bicentennial Park and a boat ramp so you can explore this stunning region by water.
Recently filmed for the show Country House Hunters, this is a rare lifestyle experience only 15 minutes from the Hobart CBD, call today!
• Wireless NBN
• Fujitsu Heat Pump
• Steelfire Wood Heater
• 2 x Dams
• Bore
• Fenced Veggie Garden
• 75% Wallaby Proof Fencing
• 6 x 9.5m Shed/Workshop
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 Helen Lehane, First National Real Estate Kingston — reproduced as published, not verified by Districts.