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.
5
Bedrooms
3
Bathrooms
1
Car spaces
892 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $834/m² of land (n=78). 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.
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
UnknownArea
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 Stone Real Estate Southern TasmaniaSet back from Beach Road, this exceptional two-storey house(cottage) presents a rare opportunity to acquire a meticulously maintained residence boasting five bedrooms, three bathrooms, and multiple living areas.
Originally constructed in C1870, the home has been extensively renovated and extended while preserving its charming original features.
Upon entering, the grandeur of high ceilings welcomes you, creating an immediate sense of warmth and character.
The ground floor features two spacious bedrooms with built-in robes, complemented by a formal lounge adorned with a woodheater which has been built into the original fireplace.
The fully renovated kitchen is a culinary delight, bathed in natural light and equipped with abundant storage, an island bench, dual dishwashers, and a chef's gas cooktop and electric oven.
Adjacent, the dining area provides an ideal space for family gatherings.
Flowing seamlessly from the kitchen is a sunlit second lounge room, adorned with elegant fretwork, feature windows, pitched timber ceilings and offers access to the expansive rear deck.
A master bedroom, complete with built in robes and a modern ensuite featuring shower and vanity also provides direct deck access, enhances the ground floor's appeal.
Completing this level is an exquisite main bathroom featuring bath, shower and vanity. A recently renovated laundry provides ample storage.
Upstairs, a further bathroom with walk-in shower and vanity serves both the large light filled bedroom and parent retreat.
The parents retreat features a private sitting nook, an office area, a generous walk-in robe, combined with bedroom, a balcony boasting stunning views of North West Bay and the mountains, complemented by a striking feature timber ceiling.
Outside, the property offers a private courtyard for relaxed BBQ gatherings, alongside a renovated single car garage designed to match the home's aesthetic.
An aggregate concrete driveway enhances convenience, while beautifully landscaped, low-maintenance gardens and fencing ensure both privacy and aesthetic appeal.
Conveniently located within walking distance of schools, Dru Point Bicentennial Park, and public transport, this immaculate cottage presents a rare blend of historic charm and modern comfort, ideal for discerning buyers seeking a distinctive lifestyle opportunity.
** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Louise Wallace, Stone Real Estate Southern Tasmania — reproduced as published, not verified by Districts.
Nearby 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.