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
$1,335,000
Last sold
23 Dec 2021
4
Bedrooms
2
Bathrooms
7
Car spaces
20,400 m²
Land
194 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
$1,335,000
23 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $838/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
+55.1%
Median sale
Suburb $860,500
-1.22 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 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.
Nearby
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 Elders Real Estate HobartAs if pulled from the pages of a fairytale, this five-acre gardener's paradise is simply perfect. As you make your way along the gated driveway towards the gorgeous homestead you'll pass mature trees, lush paddocks and a picture-perfect pond that's filled with ducks and vibrant water lilies. The home has been beautifully renovated with stunning timber floors and an open-plan design that's bathed in soft natural light. You will love turning your homegrown produce into delectable delights in the country-chic kitchen before gathering with guests in front of the fire or out on the covered entertaining area.
Three bedrooms and a bathroom/laundry are also on this main level while the entire upper floor is dedicated to the master suite and parents' retreat. Ideal for use as an office or a sitting room, this bonus area is a serene place to retire at the end of the day as you marvel at the vaulted ceilings or move to the master's private balcony, ensuite with claw foot bath and walk in robe. An attached carport and a detached 6x9m powered three-bay garage/workshop can store multiple vehicles and equipment plus there's a garden shed, a irrigated polytunnel and so much more.
- A serene five-acre haven ready to bring your homestead dreams to life
- Mature trees, vibrant gardens and lush paddocks for raising animals
- Updated and immaculate four-bedroom, two-bathroom family home
- Open-plan kitchen, dining and living leading to the covered deck
- Quality kitchen appliances, timber benchtops and a walk-in pantry
- A heat pump and a fire in the light-filled living zone
- North facing and double glazed for year round comfort
- Three main-floor bedrooms serviced by the bathroom/laundry
- Upper-level parent's retreat with vaulted ceilings and a sitting nook
- Master with a heat pump, an ensuite and a private balcony
- Tranquil slice of paradise with sensational views of the surrounding area
- Just minutes from Margate with shops, schools and amenities
- Less than 15 minutes from Kingston and only 25 minutes from Hobart
Listing description written by Mickey White, Elders Real Estate Hobart — reproduced as published, not verified by Districts.