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.
4
Bedrooms
2
Bathrooms
2
Car spaces
405 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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.
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.
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 Ray White RedcliffePerfectly positioned on a level 405m² block just a short stroll from Margate's shimmering shoreline, 17A and 17B Cowen Street presents a rare dual-income opportunity on Brisbane's ever-popular Redcliffe Peninsula.
This original-style duplex combines immediate rental returns with long-term development potential in one of South East Queensland's fastest-appreciating coastal markets.
Currently returning $1,000 per week ($500 per unit), this fully tenanted asset is ideal for investors looking to step into a high-performing market with reliable cash flow from day one. Whether you choose to hold, renovate, or redevelop (STCA), this is an opportunity underpinned by location, lifestyle, and consistent demand.
Each unit offers two bedrooms, one bathroom, covered parking, and private courtyards, all set within a quiet street just 260 metres from the Margate waterfront. From a morning swim to an afternoon stroll along the Esplanade, the lifestyle appeal is undeniable.
Located within the Next Generation Neighbourhood precinct, this site offers significant flexibility for future development. The zoning supports a wide range of residential options- subject to council approval; such as traditional homes, terrace housing, townhouses, multiplexes, and low to medium-rise apartments - all with a building height generally up to 12 metres. This zoning future-proofs the asset for a variety of innovative housing or income-producing configurations depending on your investment property goals.
Features:
- Dual tenanted duplex returning $1,000 per week
- Each unit consists of 2 bedrooms, 1 bathroom and single car parking
- Land area: 405m²
- Side access and ample off-street parking
- Walking distance to Margate Beach (260m)
- Flexible options: retain, renovate, or redevelop (STCA)
- Located in a high-growth coastal market
- Next Generation Neighbourhood zoning
The Redcliffe Peninsula continues to shine as one of Queensland's top-performing coastal regions. Over the past 12 months alone, unit prices in Margate have appreciated 15.4%, reflecting increasing demand from both investors and owner-occupiers seeking the ideal blend of lifestyle and return. As infrastructure, amenity and lifestyle offerings continue to grow, properties like this offer a strategic foothold in a tightly held market with exceptional future upside.
Enjoy unbeatable access to lifestyle, retail and essential services. The pristine shoreline is just a 260-metre stroll away, while Margate Shopping Centre and a vibrant selection of local cafés are only three minutes from your door. Redcliffe Hospital is a short four-minute drive, with the Redcliffe CBD, Settlement Cove Lagoon, and Kayo Stadium all within a five to seven-minute radius. Brisbane Airport is just 35 minutes away, and the Brisbane CBD can be reached in under 45 minutes - making this an accessible and highly desirable coastal hub for both residents and tenants.
With strong returns, capital growth, and lifestyle appeal all wrapped into one exceptional opportunity, 17A and 17B Cowen Street is the kind of investment that rarely comes to market.
Secure your slice of the peninsula today, get in touch with The Bens today.
Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We 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 Ben Smith, Ray White Redcliffe — reproduced as published, not verified by Districts.