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 › Carrington Dr
$725,000
Last sold
3 Mar 2026
3
Bedrooms
1
Bathrooms
7
Car spaces
649 m²
Land
107 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
$725,000
3 Mar 2026 · 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
$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
-15.7%
Median sale
Suburb $860,500
+0.65 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
12.0 Low Density Residential
12
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 12.0 Low Density Residential (Kingborough Interim Planning Scheme 2015). Official parcel area about 659 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 12.0 Low Density Residential (Kingborough Interim Planning Scheme 2015). Official parcel area about 659 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 659 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 Harcourts KingboroughSituated at the end of a quiet, family friendly cul-de-sac, this beautifully presented Cape Cod inspired cedar board home is rich in warmth, character and timeless appeal. Framed by a classic picket fence and brimming with street presence, it's the kind of home that instantly feels welcoming, a rare offering in this tightly held pocket of Margate.
Finished inside in soft, neutral tones, the home blends enduring charm with modern comfort. Thoughtful renovations to the kitchen and bathroom enhance both style and functionality, while a ducted heating and cooling transfer system paired with a reverse cycle heat pump ensures year round comfort. Light filled interiors further elevate the inviting atmosphere, creating a space you'll genuinely love coming home to.
Perfectly suited to first-home buyers and young families, the flexible floorplan offers three bedrooms plus an additional versatile space on the upper level - ideal as a home office, study or home gym. Storage is generous throughout the home with the home also offering the practicality of a double garage and garden shed.
From the north-western aspect of the home, the outlook captures views toward Cathedral Rock and kunanyi/Mount Wellington, with the adjoining undercover entertainment drenched in beautiful afternoon sun. This inviting outdoor space is perfect for weekend BBQs, long summer evenings with friends, or quiet moments soaking up the warmth as the day draws to a close. The fully fenced, level yard also provides a safe haven for children and pets.
The location is also a winner, with easy walking access to the Margate foreshore and the ever popular Dru Point all-abilities recreation area, complete with BBQ facilities and a fenced dog park. Morning and evening walks along the Margate Esplanade will quickly become part of daily life, with boats and yachts moored with the scenic backdrop of Tinderbox in the distance. Margate wharf is also quite a popular fishing spot for locals, just quietly.
If you are seeking more than a standard brick build this one is for you. A property with genuine personality, warmth and lifestyle appeal. Homes in such a coveted position are rarely available and never last long. Early inspection is strongly encouraged to avoid missing this special opportunity.
Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, a guarantee cannot be assured. The content is intended as advice and as such cannot be taken as absolute fact. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Melody Simmonds, Harcourts Kingborough — reproduced as published, not verified by Districts.