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 › Bundalla Rd
$985,000
Last sold
5 May 2021
5
Bedrooms
3
Bathrooms
7
Car spaces
1,548 m²
Land
114 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
$985,000
5 May 2021 · derived via latest_sale
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.
Vs Margate
+14.5%
Median sale
Suburb $860,500
-0.43 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 Elders Real Estate HobartEvery inch of this home has been designed to exude style and flair from the dramatic curves and tall ceilings to the bespoke character details throughout.
From the mid-level entry, a striking curved-tread Kwila staircase leads to the upper level where you will discover a light-filled and open-plan kitchen, living and dining zone. Silver ironbark timber floors flow underfoot with banks of sliding glass doors that not only frame the leafy outlook but also lead to the curved sun deck.
This idyllic outdoor space is an entertainer's dream and offers the perfect place to start the day with a morning coffee while marvelling at the mountains in the distance.
A stylish chef's kitchen will make catering an absolute joy while this level also boasts an open study and a master suite with a two-way ensuite.
The lower level is centred around a large rumpus with access to the backyard and a slow combustion heater. Four bedrooms are on this floor, all with built-in robes, plus there are two bathrooms and a laundry. This remarkable residence is nestled amongst lush gardens and there's a 115sqm shed.
- Unique and stylish home with bespoke design details throughout
- Two-storey layout with five beds, three baths and multiple living spaces
- An open kitchen, living and dining room with silver ironbark floors and tall ceilings
- Flow effortlessly out to the curved deck and admire the leafy outlook
- Stylish kitchen with a gas cooktop, a breakfast bar and a feature backsplash
- A curved-tread statement staircase made from gorgeous Kwila
- A study nook and a main-floor master with a built-in robe and two-way ensuite
- Four bedrooms, two bathrooms and a rumpus room on the lower level
- A slow combustion heater, a heat pump and double glazing throughout
- A 115sqm shed/workshop plus an attached garage and carport
- Quiet cul-de-sac close to the heart of Margate and the water's edge
Listing description written by Warren Lashmar, Elders Real Estate Hobart — reproduced as published, not verified by Districts.