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 › Worsley Dr
4
Bedrooms
2
Bathrooms
6
Car spaces
20,100 m²
Land
412 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
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 $834/m² of land (n=78). 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.
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 Sandy BaySet back off the road, nestled quietly and privately is this imposing family home of grand proportions. Sitting amongst 2 plus hectares of picturesque and beautifully established land this could be the lifestyle change you have been looking for!
As you enter the property via stunning restored church doors you are immediately greeted by wonderful character features such as Tassie Oak floors, Celery Top Beams and Baltic Pine ceiling features. Set over the multiple levels the accommodation is flexible. The living room is filled with light through numerous large windows and offers year round comfort with a wood heater and a reverse cycle heat pump.
Directly adjacent to the living room is the dining room with access via glass sliding doors to the wrap around deck. The contemporary kitchen has been cleverly designed and features Travertine marble splash backs, ample storage and high-quality appliances. An added bonus of the design is a servery window that connects to the extensive deck offering a bar set up and the perfect place to wind down after a busy day. There is an additional living space to the rear of the property has built in bookshelves and hidden TV cabinet.
On the top level is the luxurious master suite with some of the best views in the house. The spacious bedroom leads to the ensuite which oozes luxury after a recent renovation. A walk in robe all presented in an immaculate condition. Downstairs has a bedroom, a wine cellar, living and a office space creating the ideal area for teens or guests. There are an additional two bedrooms upstairs huge in size. The centrally located bathroom has also undergone an elegant transformation with custom tiles and a separate bath and shower, making it feel like a deluxe hideaway. 'Next to the bathroom is the toilet and laundry for added convenience.
If the interior of this property doesn't impress you enough, then outside definitely will! Perfect for the garden enthusiast the stunning gardens have bluestone feature walls, sandstone paving and an enclosed sitting area – a fantastic place to enjoy a summer's afternoon in a peaceful and tranquil setting. Serviced by 4 water tanks the property also has access to pump mains water should the need ever arise. There are 2 fire hoses and a fire pump located on the property making it very fire safe. A large double carport and workshop with many amenities sits just to the left of the house.
With so many fantastic features this property really does need to be seen to be appreciated. Its fantastic location just under 20 minutes to the city and a short 10 minutes to Kingston, Margate is the perfect rural setting without being too far away.
- Bespoke family home of grand proportions
- Private and tranquil location
- Huge parcel of land with stunning gardens
- Elevated outlook over North West Bay
- 20 minutes to the Hobart CBD
Built: 1993
Construction: Western Red Cedar & Bluestone
Heating: Wood & Electric
Council Rates: Approx. $2580 pa
Water Rates: Approx. $342 pa + usage
Rental Rates: Approx. $580-$650 per week
Petrusma Property has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective Purchasers and the current Vendor(s) are advised to execute their own enquiries regarding the marketing material advertised or provided by Petrusma Property.
Listing description written by Sam Monks, Petrusma Property Sandy Bay — reproduced as published, not verified by Districts.