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 › Sorrento St
For sale
For sale
2
Bedrooms
2
Bathrooms
2
Car spaces
610 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
Asking
No recorded sale price for this property yet.
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.
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 Place PeninsulaPrivate Inspections By Appointment Only
Set high in one of Margate's most desirable pockets, 27 Sorrento Street offers the perfect blend of immediate comfort and long-term opportunity. Positioned on a North facing generous 610m² allotment, with standout street appeal and an impressive frontage that sets it apart from many surrounding properties.
A standout feature of the area that the home resides in is the elevation and views that are present. Even from the top of the stairs views of Moreton Island and the Bay are quite visible. A drone shot included in the photos is from another metre higher that does truly capture the elevation in Sorrento St. Those looking to raise a house and make bigger would certainly see the benefits for future growth.
This beautifully refreshed home is currently tenanted at $660 p/w while still providing scope to capitalise on its sizeable landholding and sought-after location.
Thoughtfully updated throughout, the home features a renovated kitchen and upstairs bathroom, freshly painted interiors and a second bathroom and toilet downstairs with significant improvements creating a clean, functional and versatile space for many purposes.
Designed to capture refreshing bay breezes from its elevated position, this charming residence presents an outstanding opportunity for first home buyers, downsizers, investors or those simply wanting to secure a quality home in an area that continues to grow in popularity.
The generous backyard provides plenty of room for children and pets to play, while also offering the flexibility to add a pool, shed or further enhancements (subject to council approval).
Whether you're looking for a home to enjoy today or an investment with strong future upside, this property delivers on both lifestyle and location.
Property Features
• Quiet, family-friendly street
• Renovated kitchen + Fisher & Paykel electric oven and cook top + integrated dishwasher with loads of storage
• Stylishly renovated upstairs bathroom
• Polished timber flooring upstairs – No carpets
• Security screens
• Ceiling fans
• Freshly painted throughout
• Select internal walls replaced and refreshed
• Downstairs area cleared, plastered and painted, creating a neat and functional multipurpose space
• Downstairs – bathroom + toilet + plumed sink in cabinetry
• Light-filled living areas with excellent natural airflow
• High-set design capturing beautiful coastal breezes
• Generous backyard with scope for a pool / shed / secondary dwelling (STCA)
• Ideal for owner-occupiers, investors and those seeking future value growth
Investment & Future Potential
• Large 610m² allotment in a tightly held coastal suburb
• Next Gen Zoning
• Approximately 15mtr frontage
• Elevated, flat block
• North facing
• Lease agreement in place at $660 per week
• Renovated improvements mean immediate rental or owner-occupier appeal
• Excellent opportunity to land-bank in a high-demand location
• Potential to further enhance or redevelop in the future, subject to council approval
• Positioned within a suburb that continues to experience strong buyer demand and long-term growth
Why You'll Love the Location
• Just a short approx. 10 min stroll to the waterfront and sandy beaches
• Or in the other direction approx. 6 min to the local Margate Village Shopping Centre
• Close to local cafés, restaurants and other shopping precincts
• Convenient access to schools and childcare centres
• Nearby parks, walking tracks and family recreation areas
• Easy access to public transport
• 10 minutes to Kippa-Ring train station - approx.
• 15 minutes to the Hornibrook Bridge, connecting you to Brisbane - approx.
• 25–30 minutes to Brisbane Airport - approx.
• 40 minutes to Brisbane CBD - approx.
Homes on sizeable allotments in Margate are attracting strong buyer interest, we encourage you to inspect early to avoid disappointment.
Please contact Garth Kewley on 0400 906 820 or Amy McCurley 0418 639 378 for more information and to arrange a private inspection.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Garth Kewley, Place Peninsula — reproduced as published, not verified by Districts.
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