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 › Peppermint Pl
$760,000
Last sold
10 Jan 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
964 m²
Land
180 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
$760,000
10 Jan 2025 · 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
-11.1%
Median sale
Suburb $855,000
+0.43 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
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 More TasmaniaSpacious 4-Bedroom Home in Margate
Are you dreaming of a relaxed beachside lifestyle with all the space your family needs? This well designed 4-bedroom, 2-bathroom home in Margate offers just that,
Located in the peaceful coastal suburb just minutes from the boat ramp at Dru Point, this property is perfect for families who love the outdoors and coastal living. Whether it's a morning paddle, afternoon kayak, or simply enjoying the ocean breeze, you'll have direct access to water sports and beach adventures at your doorstep.
The home's layout is thoughtfully designed for modern family life, with a natural flow that makes every space feel connected. The heart of the home is the large, open-plan family room, which effortlessly extends onto a spacious entertaining deck. This outdoor area overlooks a huge, fully fenced backyard—perfect for weekend BBQs, outdoor dining, and endless playtime for kids or pets. The expansive yard offers ample space for a garden, trampoline, or even a future pool. Situated on over 900 sqm of land in a quiet culdesac, this large block gives plenty of room for family fun.
Inside, the well-appointed kitchen is centrally located, allowing easy access to both the family room and the main lounge, ensuring everyone stays connected whether you're hosting guests or enjoying a quiet evening. A separate study provides a peaceful space for work or study, while the two bathrooms and additional separate toilet make getting ready on busy mornings a breeze.
There is a shed for storage in the backyard and a fully enclosed chook pen too!
With tenants in place until March, this property offers flexibility whether you're looking for an investment or a future family home. Plus, with local shops just minutes away and Hobart's CBD only a 30-minute drive, you’ll enjoy all the benefits of coastal living without compromising on convenience.
This Margate gem combines a spacious, cohesive layout with a prime Coastal location, offering an ideal lifestyle for families and water lovers alike.
Currently tenanted until 19th March 2025
Rental $595 per week
Interested - Call Leanne on 0408 128 325 or Craig on 0488 013965
All efforts have been made to ensure the accuracy of the information provided regarding this property.
Buyers should independently satisfy themselves with the accuracy of all matters stated before making a decision to purchase. More Real Estate accepts no liability or responsibility for claims arising from a reliance on the information contained herewith.
Listing description written by Leanne Masters, More 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.