Margate at a glance
4,358
People
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
TAS › Margate › Wyburton Pl
$1,100,000
Last sold
18 July 2023
5
Bedrooms
2
Bathrooms
4
Car spaces
3,516 m²
Land
209 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
$1,100,000
18 July 2023 · 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
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
+27.8%
Median sale
Suburb $860,500
-0.75 pp
Gross yield
Suburb 3.44%
Suburb median $860,500 from 24 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
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate HobartOn the hunt for a rare and sought-after opportunity with endless future potential? This could be just what you're looking for. This prized offering boasts more than 3,500sqm of land along with captivating views and a stunning family home that anyone would be proud to call their own. Whether you're eager to move and enjoy with loved ones or investigate future development plans with council, the choice is all yours when it comes to 2 Wyburton Place.
The spacious residence is perched elegantly at the top of the lot with a glorious outlook to Mount Wellington, the D'Entrecasteaux Channel and North West Bay. There are four good-size bedrooms and two bathrooms plus a selection of light-filled living spaces where everyone can spread out and relax. There is also a home office with built in benches and shelves to keep your work flow efficient.
Cooking will be a joy in the well-equipped, spacious kitchen before moving outside to the entertaining deck to dine with loved ones, bask in the sunshine and admire the views.
The lot's gently sloping orientation will allow future developments to take full advantage of the outlook (STCA) or you can simply relish the abundance of space on offer and let the kids run free. There are fruit trees, raised veggie beds and a newly built fire pit area.
- Gorgeous family home set at the top of a prime 3,500+sqm parcel of land
- Move in and enjoy or investigate redevelopment potential (STCA)
- Views of Mount Wellington, the D'Entrecasteaux Channel and North West Bay
- Four-bedroom, two-bathroom layout with room for everyone to spread out
- A dining and living area, a rumpus and a dedicated home office
- Quality kitchen with stainless steel appliances, timber cabinets and views
- Host guests on the large deck and admire the sensational outlook
- Timber floors, a slow combustion heater and a heat pump for comfort
- An upper-level master with an ensuite and a balcony for your morning coffee
- Ample storage, a double carport, a garden shed and two workshops
- Close to Margate Primary School and Channel Christian School
- Easy access to parks, shops, North West Bay and the Hobart CBD
Listing description written by Mickey White, Elders Real Estate Hobart — reproduced as published, not verified by Districts.