Margate at a glance
7,756
People
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
$1,325,000
Last sold
1 Sept 2025
6
Bedrooms
3
Bathrooms
2
Car spaces
592 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,325,000
1 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $2,239/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Margate at a glance
7,756
People
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
+19.5%
Median sale
Suburb $1,108,470
-0.45 pp
Gross yield
Suburb 2.79%
Suburb median $1,108,470 from 71 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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $595/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. This lot’s own applications are a separate question. 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. This lot’s own applications are a separate question.
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
7,756
People
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by David Deane Real EstateAddress: 1 & 2 / 107 Albert Street, Margate
Land Size: 592m²
Total Rental Income: $1,235 per week
Leased Until: Early 2026 (Both Dwellings)
Built: Circa 2020 (Approx. 5 Years Old)
Council Rates - $716.18 per quarter approx'
Water Rates - $1,010.84 per quarter approx'
Modern, Versatile, and Positioned for Growth
Just moments from the iconic Peninsula foreshore and Margate Beach, this contemporary dual-key residence delivers exceptional value for both savvy investors and growing families.
With two fully self-contained dwellings under one roof, this is a rare opportunity to secure a high-yield property in one of the Redcliffe Peninsula's most in-demand lifestyle corridors.
Dwelling 1 - Spacious 2 Storey 4-Bedroom Home with Multiple living Zones Across Two Levels
(Currently rented for $740/week until January 2026)
Downstairs Features:
Galley-style kitchen with stainless steel appliances, dishwasher, double-door pantry, and ample bench space
Open-plan living and dining area with air-conditioning
Multi-purpose room (ideal fifth bedroom or additional living space)
Study nook with built-in storage
Guest toilet with separate vanity alcove
Laundry with backyard access
Linen cupboard and extra storage
Upstairs Features:
Oversized master bedroom with walk-in robe, ensuite, and private retreat area
Three additional bedrooms with built-in robes and ceiling fans
Air-conditioned rumpus/living area
Family bathroom with separate bath and shower
Separate toilet and large linen cupboard
Extras:
Double lock-up garage with internal and rear yard access
Covered alfresco entertaining area
Fully fenced private backyard with room for children and pets
Dwelling 2 - Modern 2-Bedroom Unit
(Currently rented for $495/week until March 2026)
Open-plan living and dining area with air-conditioning and ceiling fan
Stone benchtop kitchen with dishwasher
Two generously sized bedrooms with built-in robes and ceiling fans
Main bathroom
Separate laundry cupboard
Private tiled alfresco and spacious courtyard
Key Highlights:
Dual income stream with combined rental of $1,235 per week
Secure tenancies in place through early 2026
Modern construction (approx. 5 years old) with quality finishes
Quiet, leafy street surrounded by quality homes
Short distance to Margate Beach, shops, schools, and public transport
A Rare Dual-Key Investment in a Prime Lifestyle Location
This property offers the perfect blend of strong rental yield, modern living, and long-term growth potential. Whether you're a seasoned investor or looking to accommodate extended family under one roof, this is an unmissable opportunity.
Contact Mark Rumsey today for more information or to book your inspection.
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Mark Rumsey, David Deane Real Estate — reproduced as published, not verified by Districts.