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.
TAS › Margate › Sandfly Rd
$1,188,000
Last sold
5 Mar 2026
4
Bedrooms
2
Bathrooms
5
Car spaces
4,004 m²
Land
246 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
$1,188,000
5 Mar 2026 · 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
$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
+38.9%
Median sale
Suburb $855,000
-0.98 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 Insitu Property HobartOriginally part of the local dairy farm, this enchanting circa 1927 weatherboard cottage has been thoughtfully renovated to blend classic country character with contemporary comfort. Set on approximately 4000m² of fully fenced and beautifully landscaped grounds, the property enjoys a breathtaking outlook over rolling green pastures, with a tranquil blue gum forest as its backdrop — all just moments from the vibrant Margate township.
Inside, warmth and craftsmanship define every space. Polished Tasmanian oak floorboards, bespoke joinery, and natural timber cladding create a calm, inviting atmosphere throughout. The spacious open-plan living, dining, and kitchen area flows seamlessly onto a generous entertaining deck, perfectly positioned to capture the afternoon sun and overlook the abundant gardens.
The main suite is a true sanctuary, clad in Tasmanian oak to create a private and serene retreat. It features a huge walk-in robe and a stunning ensuite complete with Velux skylights, floor-to-ceiling tiles, a walk-in shower with rainwater showerhead, and underfloor heating.
On the opposite side of the home, two additional bedrooms, plus a rumpus or fourth bedroom include built-in desks and wardrobes and are serviced by a beautifully appointed family bathroom — also with a walk-in shower, dual rainwater showerheads, and underfloor heating. A newly added mudroom enhances functionality, providing the perfect space for country living.
The gardens have been masterfully designed to combine beauty, abundance, and sustainability. There's an established orchard, enclosed vegetable garden and chicken run. The outdoor spaces include multiple entertaining decks, an inviting outdoor bath, and generous lawns for children and pets to play freely.
The property also features double glazing, solar panels, an electric gate, and a grey water tank, underscoring its commitment to sustainable living and energy efficiency.
Flexible Additional Accommodation
A fully lined studio, currently purposed as a “she shed” offers a wealth of possibilities — whether as a work-from-home office, artist's or writer's retreat, guest accommodation, or space for extended family.
Connected to town water and designed to capture all-day sun, 141 Sandfly Road is a rare find a beautifully restored historic home that offers the perfect balance of rural tranquility and modern convenience.
Just minutes from Margate's cafés, schools, and coastline, this exceptional property embodies the essence of relaxed Tasmanian country living.
Heating: Reverse Cycle Air conditioner
Year built: 1930
Council rates: $1690.00 per annum approx.
Fixed water rates: $365.00 per annum approx.
Rental estimate: $750.00 - $850.00 per week.
Listing description written by Nina Schubert, Insitu Property Hobart — reproduced as published, not verified by Districts.