Margate at a glance
7,756
People
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
5
Bedrooms
2
Bathrooms
4
Car spaces
589 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $2,238/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Margate at a glance
7,756
People
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 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
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RedcliffePresenting 3 Bank Street, Margate. A quintessential Queenslander that offers the perfect blend of classic charm and modern convenience. Under 200 meters from the stunning Margate Beach, this impressive location speaks for itself when it comes to enviable coastal living.
Set on a lush 589m block with side access, this two-story home is designed for those who appreciate space, comfort, and the potential for dual living. With original casement windows, polished timber floors, and VJ panels, this home invites you to step into a world of timeless elegance and coastal living.
Imagine waking up in your master bedroom with private access to a timber deck, where you can enjoy your morning coffee while overlooking lush, established gardens and listing to the sounds of the ocean.
The spacious open-plan lounge upstairs is perfect for family gatherings, while the downstairs area, complete with a kitchenette, offers superb potential for dual living, teen retreat or guest accommodation. Whether you have extended family, guests, or are looking for an additional income stream, this versatile home caters to all your needs.
Features
- Two-story Queenslander on a 598m2 block
- Three bedrooms upstairs, with the Master bedroom featuring private access to back deck
- Dual living potential with two bedrooms, bathroom, large rumpus and kitchenette downstairs
- Original casement windows and polished timber floors upstairs
- VJ panels and ample storage throughout
- Upstairs bathroom with spa bath and adjustable shower rose
- Timber deck upstairs and covered outdoor sitting area downstairs
- Ceiling fans throughout
- Lush, established gardens and fully fenced block
- Rear shed and carport
- Single lock-up garage and side access
- Fully fenced block with north facing aspect
Living in Margate means being part of a vibrant coastal community. From the beautiful Margate Beach to the local shops, cafes, and schools, everything you need is within easy reach. Enjoy the convenience of being close to Brisbane, while still being able to retreat to your serene, fully fenced block with ample outdoor entertaining spaces. This is more than just a home; it's a lifestyle waiting to be embraced.
Just 300m to Margate Beach spend your downtime relishing the sun and fun of this scenic location. Offering a wonderful village atmosphere, you can visit local shops and cafes and iconic bars and restaurants, all just moments form your front door. Quality schools and parks are nearby, making this an ideal location for families. For commuters, the property offers easy access to Brisbane, ensuring you're never far from the city's conveniences.
This coastal gem will not last long in this sought-after locale. Get in touch to secure this incredible opportunity today.
*Please note these photos have been digitally staged for marketing purposes.
Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We 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 Ben Smith, Ray White Redcliffe — reproduced as published, not verified by Districts.