Margate at a glance
4,358
People
$855,000
Median sale
$570/wk
Median rent
3.47%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
5
Bedrooms
3
Bathrooms
7
Car spaces
2,426 m²
Land
372 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
$855,000
Median sale
$570/wk
Median rent
3.47%
Suburb gross yield
Median sale from 25 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
UnknownArea
Margate at a glance
4,358
People
$855,000
Median sale
$570/wk
Median rent
3.47%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Petrusma Property Sandy BaySituated on the Esplanade at Margate sits a magnificent family homestead on 2426m2, where natural serenity and generous proportions combine to offer a superior family living experience.
This single-level homestead has an expansive vista across the protected waters of Northwest Bay to both Tinderbox and North Bruny Island.
The 372m2 home in tightly held Margate, has a circa 70's feel with large archways, four expansive living areas and an opulent colour palette throughout, creating a stylish atmosphere which can be easily adapted or renovated to satisfy the most discerning buyer.
This striking property transcends expectation the moment you step through the door, and you are greeted by the stunning formal dining / living space with custom built blackwood archways constructed by national award winning local artisan, Mark Phillips. These archways serve as a graceful separation between the enormous formal lounge room and the adjacent sitting room, the ambience, and dimensions of which render it ideal for joyous gatherings and the pleasures of myriad culinary delights.
The gourmet kitchen has been designed for a family of cooks, featuring fantastic storage options and plenty of bench space.
The sumptuous accommodation boasts as many as five bedrooms, each meticulously designed for maximum liveability. The master suite, which is removed from other accommodation, is privacy personified and features built-in robes and an impressive sized ensuite. The opposing wing of the home houses a semi self-contained 2 bedroom, 1 bathroom, 1 living room unit; with separate access from the main residence, being an ideal space for either a teenage retreat, elderly parent or a fantastic work from home option.
The expansive grounds feature pergolas and boasts a beautiful array of native and exotic trees and plants, once featured on the local television show, Gardening Australia and is a green thumb's paradise. It is a perfect space for kids and pets to play and explore with native wildlife as custodians of the land.
This truly remarkable property has been so thoughtfully curated that it now delivers a most exceptional living environment, with breathtaking, ever-changing water vistas and endless potential to further develop the extensive allotment (STCA). As a cherished home (never before listed), it provides an exclusive and iconic family lifestyle opportunity in Margate - one of the most tightly held water edge regions in the south of the State.
Unparalleled Versatility
* Utilize the southern wing as a self-contained unit or workspace
* Enjoy the entire home as one expansive family residence
* Renovate and enjoy your dream residence in one of Southern Tasmania's most sought-after positions
* The options are endless
Premium Features
* Proximity to boat ramp & Dru Point Bicentennial Park
* Expansive driveway
* Large double garage
* Impressive bespoke front gates
* 3 phase power to the property
* Ample storage throughout the house and garage
* Beautifully curated established gardens featuring a mix of native and exotic plants
* Only a 20-minute drive to Hobart's CBD and walking distance to an array of local amenities / schools; simply everything you need and more to sustain without need to traverse far and wide
* Your choice of 4 generous living areas
* Multiple outdoor alfresco entertaining spaces
* A gardener's dream
A Rare Opportunity in Margate.
Homes of this calibre and adaptability are rare, and this property is an exceptional find in such a prestigious location. Embrace the opportunity to make 42 Esplanade your own - a harmonious blend of character, quality, and convenience.
Construction: Brick and tile roof
Council Rates: Approx. $4178 pa
Water Rates: Approx. $1182 pa
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.
Nearby 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.