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 › Nierinna Rd
$882,000
Last sold
30 Nov 2023
4
Bedrooms
3
Bathrooms
6
Car spaces
27,200 m²
Land
195 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
$882,000
30 Nov 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+2.5%
Median sale
Suburb $860,500
-0.08 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 Petrusma Property LindisfarneWelcome home to this freshly painted cedar treasure! This 4 bedroom (plus study), 3 bathroom, 3 living area home is positioned perfectly on acreage in Margate. Room for all the family and your toys, this property also includes 2 dams and multiple sheds/garages.
Arriving at this property via the round-about driveway has a way of making you feel sense of relaxation yet is warmly welcoming. Enter the home into the grand living area which features a wood heater and you have many options to choose from where to head next. Should it be the family room beaming with natural light courtesy of the sky light and large windows, or the private study to finish off that task you left, or upstairs to the bedrooms, or into the kitchen, dining and lounge area for a bite to eat?
The classic country timber kitchen with upgraded quality appliances and fittings is certain to have you baking your own bread and delicious cupcakes with a smile on your face. Direct access to the drive allows you to bring those groceries in from the car in next to no time and minimal hassle.
Accommodation at the property is led by the master bedroom and ensuite on the lower level. A generous size, BIR's and large windows to take in the glorious surrounds and tranquility of the trees and garden alike. 3 further bedrooms upstairs with a large family bathroom are on offer with more than enough room for the family and guests alike!
Situated on 2.72ha, less than 5 minutes to central Margate shopping , schools and services, and only 25mins to Hobart CBD, This is a property not to be missed, but be quick, a home with this character, size and convenience will not last long.
- 2.72ha land
- Less than 5 mins to central Margate and schools
- 4 bedrooms and 3 bathrooms
- Large round-about drive and parking area
- Multiple water dams
- 3 living areas and a study
- Multiple garages and sheds
- Freshly painted cedar home
Listing description written by David McLeod, Petrusma Property Lindisfarne — reproduced as published, not verified by Districts.