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
$998,000
Last sold
3 Mar 2023
8
Bedrooms
3
Bathrooms
0
Car spaces
15,850 m²
Land
278 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
$998,000
3 Mar 2023 · 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
+16.0%
Median sale
Suburb $860,500
-0.47 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Stone Real Estate Southern TasmaniaSet in a picturesque setting, this large 6-bedroom family home on just under 4 acres of mixed pasture and some forest is looking for its new owner.
The separate cottage (ancillary dwelling) which has its own entrance off Nierinna Road and faces away from the house for privacy, is ideal for visiting families, rental income or for teenage/adult children to live in whilst they save for their first home. The cottage is surrounded by native plants and feels like a separate home. It is currently tenanted on a short lease.
There are two large living areas in the family home with extensive glazing on the north and east elevations which provide for a light-filled, open interior with good solar access and views of the gardens beyond. The open plan kitchen and dining area create an expansive entertaining space flowing out onto the main covered deck: perfect for entertaining the large family. The polished floorboards provide a warm, utilitarian floor finish throughout the majority of the house. There is a large laundry/boot room conveniently located off the covered deck and kitchen.
The master bedroom has a walk-through robe and ensuite and has French doors opening out to the gardens. Three other bedrooms provide ample accommodation for the large family.
Two further bedrooms, small living area and a kitchenette are located down the staircase with its own entrance which is ideal for teenagers.
Expansive outside deck areas provide a wonderful opportunity for extended outdoor living which draws you into the beautifully landscaped gardens. This provides the best of rural living: large comfortable house on well established, rural land.
Several outbuildings enhance the overall appeal of the property and provide the opportunity for the keen hobby farmer with one fenced paddock already in place. Supplementary water supply is provided by a bore which pumps approx. 1500 litres per hour. 18 solar panels with a 13.2 kW battery makes it an environmentally efficient property.
This country-living home, with a range of walking tracks at your doorstep, offers an enviable lifestyle in the popular suburb of Margate, but only a 15-minute drive to Kingston and a short 30 minutes' drive to Hobart.
• Solar panels on main house
• Separate power and internet to Cottage
• Septic system for both properties
• Tank water x 2 (5,000 plus 10,000 litre) plus concrete tank and bore
• Separate tank to cottage (10,000 litre)
• Brand new guttering
• 2 sheds; cubby house and horse shelter
• Wireless NBN
• Rates: $1900 p.a.
**Elders Real Estate Southern Tasmania has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by Wendy Wade, Stone Real Estate Southern Tasmania — reproduced as published, not verified by Districts.