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
$1,075,000
Last sold
27 Sept 2024
5
Bedrooms
2
Bathrooms
3
Car spaces
16,480 m²
Land
213 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
$1,075,000
27 Sept 2024 · derived via latest_sale
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
+24.9%
Median sale
Suburb $860,500
-0.68 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 Harcourts KingboroughWelcome to a place where time seems to slow down, and the beauty of nature surrounds you at every turn. This enchanting country home, nestled on just under 5 acres of fenced pasture, and whose boundary line gracefully follows the meandering path of the creek will invite you to step into a world of tranquillity.
Whether you are sipping your morning coffee in the undercover alfresco or tending to the productive gardens and hop vines, you'll find solace in the quiet beauty of your surroundings. And with the property's privacy and seclusion, you'll feel a world away from the hustle and bustle of modern life.
First time offered for sale and built by the current owners, no detail has been overlooked, from underfloor heating that keeps the chill at bay on cool evenings, to an inviting wood fire that casts a flickering glow across the room, creating the perfect ambiance for cosy gatherings with loved ones, enhanced by the ducted heating as well as the relief offered from warm summer days by ducted air conditioning.
The kitchen with its gas cooking is a haven for culinary enthusiasts offering an abundance of bench space, everything you need to whip up delicious meals while enjoying views of the surrounding countryside. Adjoining the main living space is a functional, covered outdoor entertaining area complete with a wood fire and perfect for family gatherings and BBQs.
You'll surely be captivated by the spaciousness and comfort of this residence at every turn. Offering a large walk-in pantry, oversized bathroom, and ensuite as well as large country-sized bedrooms adorned with built-in robes allowing everyone in the family their own space to retreat to.
Continuous gas hot water assures even the largest families will enjoy a lasting morning shower with the house itself benefitted by 3 large dedicated water tanks accumulating to approx. 35,000 Litres of water storage. An additional tank provides water to the vegetable polytunnel and two dams also provide ample water storage and supply to the property and animals.
Yet another asset to this property is the double workshop with 3-phase power, providing ample space for tinkering, crafting, or pursuing your favourite hobbies. It's a space where creativity knows no bounds, where you can bring your dreams to life and make memories that will last a lifetime.
Just waiting for you to call it home, this is your opportunity to embrace country living. Seize the moment and make it yours today!
Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, a guarantee cannot be assured. The content is intended as advice and such as cannot be taken as absolute fact. Accordingly, all interested parties should make their own enquiries to verify this information.
Listing description written by Melody Simmonds, Harcourts Kingborough — reproduced as published, not verified by Districts.