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.
$995,000
For sale
Asking
$940,000
Last sold
19 May 2021
3
Bedrooms
2
Bathrooms
11
Car spaces
2,023 m²
Land
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
Asking
$995,000
Asking · $492/m² of land
Last recorded sale $940,000 (19 May 2021).
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.
Vs Margate
+16.4%
Median sale
Suburb $855,000
-0.49 pp
Gross yield
Suburb 3.47%
Suburb median $855,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$43,917 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Margate's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Harcourts Signature RosnyAn unparalleled investment opportunity presents itself at 47 Beach Road, Margate, Tasmania. Thanks to Council approval for removal of the existing buildings can be undertaken to facilitate a new development of six multiple dwellings on site. The existing house also offers a fantastic potential of making it your own, renting it out, while also further developing the site (S.T.C.A) The site is on a very slight slope, hence offers easy access and great development potential. The block is located near North West Bay, in a very picturesque setting, with mature trees on one side of the property, which ensures privacy.
The existing house has been well-maintained and will suit a family looking for a more relaxed lifestyle. Comfort and warmth of the open plan living/dining room can be attributed to the original mantlepiece with a built-in modern wood heater in the heart of the living room, large windows framing the picturesque view and the natural colour palette throughout. A wall heater in the living room also ensures your comfort in the cooler months of the year.
The functional kitchen has been fitted with modern stainless-steel appliances, including electric oven, rangehood, stove, and double sink. Thanks to a clever design, there is a breakfast bar for two, plenty of bench and storage space furnished with elegant cabinetry, including a pantry. There is also an informal dining space behind the breakfast bar for your convenience, as well as access to a separate laundry with a sink and storage.
The very spacious master bedroom provides generous space for a king size bed and other furniture. It has been fitted with a built-in for your convenience. The large window allows plenty of natural light, which creates a warm atmosphere, while also capturing the pleasant view of the garden. The second bedroom also provides plenty of space for a king-size bed and additional furniture, while the third bedroom features built-ins, elegant hardwood floor and sufficient space for a queen or single bed. This room could potentially be used as a nursery, home office or a gym according to your needs.
The family bathroom features a built-in bath with shower, a single vanity, and separate shower. Adjacent to this is a separate toilet.
There are two large sheds in the backyard, one of which can be used as a workshop, a free-standing clothesline and plenty of room for a garden, play equipment and/or development of additional units. There are also two carports for your undercover parking needs.
For further information or a private inspection please call Brendon on his mobile.
47 Beach Road, Margate is located in a fast-growing suburb of Kingborough. This very attractive property rests near the Margate Rivulet and magnificent North West Bay, close to multiple State and Nature Reserves. Proximity to the Channel Highway ensures fast and comfortable travel to Hobart CBD, which can take approximately 19 minutes along the Southern Outlet. There are public and Christian schools nearby, as well as parks, shops, and many other facilities.
The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
All timeframes and dimensions are approximates only.
Listing description written by Brendon Campbell, Harcourts Signature Rosny — 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.