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.
$1,100,000
Last sold
22 Apr 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
830 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
$1,100,000
22 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $2,240/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
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.
Vs Margate
-0.8%
Median sale
Suburb $1,108,470
+0.02 pp
Gross yield
Suburb 2.79%
Suburb median $1,108,470 from 71 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.
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 ScarboroughLocated at 197 Oxley Ave, Margate, this expansive Queensland character double-storey
home sits on two lots with a generous 20.1m frontage. Offering a spacious 830m² parcel of
land, this property presents an incredible opportunity for investors or developers looking to
maximize its potential, or families wanting to give it their personal touch and renovate.
Property Features:
- Two separate 415m² lots on one title, totalling 830m² - perfect for futuredevelopment!
- Potential for dual upstairs/downstairs living - ideal for extended families or rental income
- Three spacious bedrooms and two bathrooms
- Hot water heat pump
- Ample multipurpose rooms for added flexibility
- Side access with a separate garage / large shed
- 5000L water tank
- Two-car undercover parking
Local Amenities:Situated in the heart of Margate, this property offers convenient access to
a variety of local attractions and essential services:
- Public Transport - Close proximity to Kippa-Ring Train Station, plus bus services
along Oxley Avenue, connecting you to surrounding suburbs and Brisbane city
- Schools and Childcare - close to reputable schools and childcare centres, making it
convenient for families
- Margate Village - home to a local Woolworths and a variety of retail and commercial
businesses
- Scotts Point Beach - enjoy a relaxing 500m walk to the beautiful waterfront, perfect
for swimming, picnics, and scenic coastal views
- Margate Beach - a short stroll away, featuring a timber boardwalk, viewing shelters,
seating, and barbecue facilities with picturesque views of Moreton Bay
- Woody Point Market Place - featuring the popular King St Meat Shop, a well-known
local butcher providing high-quality meats, conveniently located nearby
- The Sebel Brisbane Margate Beach - a premium beachfront hotel offering dining,
rooftop views, and luxury accommodation, just minutes away
With its prime location and considerable development opportunities, properties like these are
hard to find! Contact Glen Wilson on 0410 454 034 today for more information.
Listing description written by Glen Wilson, Ray White Scarborough — reproduced as published, not verified by Districts.