Margate at a glance
7,756
People
$1,100,000
Median sale
$595/wk
Median rent
2.81%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
QLD › Margate › Victoria Ave
$750,000
Last sold
12 Dec 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
405 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
$750,000
12 Dec 2024 · 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
$1,100,000
Median sale
$595/wk
Median rent
2.81%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
-31.8%
Median sale
Suburb $1,100,000
+1.32 pp
Gross yield
Suburb 2.81%
Suburb median $1,100,000 from 69 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
$1,100,000
Median sale
$595/wk
Median rent
2.81%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property RedcliffeFamily Friendly Margate Gem
Sitting in a brilliantly central location close to a huge array of amenity and parkland, this inviting home has received contemporary upgrades to provide move-in comfort. Sized for a varying buyer demographic as well as offering further scope for expansion, there is particular appeal to those wanting to enter a strong peninsula market in comfort with a location that is also enticing for investors.
Privately fenced and immaculately presented, beautiful polished timber floors lay the perfect backdrop to open-plan living and dining with cooling breezes and air-conditioning combing for comfort. There is a private and airy space for a study nook in the enclosed front verandah whilst the kitchen boasts a contemporary fit-out that includes feature tiling, stainless appliances and superb storage in a timeless white aesthetic.
All three bedrooms are stylishly presented with timber floors and sleek ceiling fans; the master including built-in storage. They are brilliantly serviced by a chíc bathroom, the benefactor of an impressive upgrade that includes a frameless glass shower and floor to ceiling tiling.
Framed with lush tropical bamboo and edible greenery, the backyard is fenced and flat, providing wonderful space for children and pets as well as plenty of options for any other outdoor desire. Enjoy dappled shade and sunlight within a quaint garden entertaining zone whilst the build-friendly landscape is appealing to those wanting to extend the home or install a swimming pool.
Under the house you have a second toilet, dual garaging and huge storage/workshop zone whilst the design of the home also offers scope for those wanting to raise and built in underneath.
It's hard to beat the convenience this location affords with a massive range of amenities in every direction! Large parkland and playground precincts are a short stroll away whilst families will also love the fabulous choice of schooling. Spend your weekends trying the wares of extensive dining precincts or enjoy kilometres of beachfront whilst anybody commuting will appreciate having bus, rail and major transport corridors all at hand!
- 405m2
- Contemporary upgrades with options for further expansion
- Open-plan, air-conditioned living and dining on timber floors
- Enclosed, light-filled verandah/study nook
- Contemporary white kitchen with great storage, stainless appliances and feature tiling
- Flat and fenced backyard with lush bamboo, edible landscaping and space for a pool
- Alfresco entertaining with dappled shade
- Three bedrooms with ceiling fans
- Fresh modern bathroom with floor to ceiling tiling
- Second toilet downstairs
- Tandem garaging with large workshop/storage zone
- Fully fenced/secure with electric gate (inc remote)
- Scope to raise house or expand
- Central to huge array of amenities including local shopping and dining, numerous schooling choices, huge North Lakes precinct, bus, rail, major transport corridors and beachfront!
- Just thirty minutes to the Brisbane Airport
- Council Rates
- Water Rates
- Rental Projection $625/week
Listing description written by Jonathan Koleszar, Belle Property Redcliffe — reproduced as published, not verified by Districts.