Barwon Heads at a glance
4,229
People
No data
Median sale
$583/wk
Median rent
No data
Suburb gross yield
VIC › Barwon Heads › Margate St
$1,675,000
Last sold
11 Nov 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
517 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
$1,675,000
11 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Barwon Heads (last 5 years) with land size have a median of $2,542/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Barwon Heads at a glance
4,229
People
No data
Median sale
$583/wk
Median rent
No data
Suburb gross yield
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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $583/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Barwon Heads at a glance
4,229
People
No data
Median sale
$583/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Bellarine PropertyThe Feel:
You will have to be quick with this one; the bright, private, comfortable beachy vibe is sure to win hearts! Situated in one of Barwon Heads’ most esteemed streets, you can walk to the beach, river, Hitchcock shopping and dining precinct. Ideal for first home buyers, downsizers, holiday investors, or developers, this 517sqm (approx) flat site offers an original 2 BR beach house. The refurbished kitchen, fresh paint, new carpet and SS-AC makes it move-in ready now, while you consider the promise of this site’s future potential. Renovate, extend, or redevelop the site (STCA) to capitalise on the rare opportunity to secure a Margate St address.
The Facts:
-2BR classic beach house; excellent versatility for a family, couple or holiday investor
-Easy flow to north & south lawns, with so much space for kids & pets to play
-Beautifully oriented; light & bright with a cosy split system AC for seasonal comfort
-Attractive street appeal with front veranda to sit & enjoy the garden
-Open plan living, dining & kitchen is flooded with natural light
-The kitchen features a freestanding Westinghouse electric oven/cooktop
-Terrazzo-look laminate bench tops provide durable everyday functionality
-Two bedrooms, with east and south aspects respectively
-Central bathroom offers shower, vanity & toilet, as original
-Laundry leads outdoors to the backyard & separate toilet is a bonus
-New roof and gutters, no work to do !!
-Long driveway to carport suits multiple vehicle parking
-Consider further refurbishments, with ample space to renovate, extend or redevelop the site (STCA)
-Moments away from the river & shops, with nearby recreational/community facilities
The Owner Loves….
“This really is an amazing chance to unlock your coastal dream in one of the best streets in Barwon Heads. The house has vintage charm, and the prime land offers myriad opportunities for the future.”
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Listing description written by Peta Walter, Bellarine Property — reproduced as published, not verified by Districts.