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.
TAS › Margate › Derwent Ave
4
Bedrooms
2
Bathrooms
8
Car spaces
4,777 m²
Land
251 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 Raine & Horne KingstonNestled in a quiet, established pocket of Margate, and only 200 metres from the Dave Burrows picturesque coastal walking track, this spacious four-bedroom (potentially five-bedroom) residence is sure to impress.
Set on a level, beautifully maintained 4,777m² allotment, the property exudes a sense of distinction from the moment you arrive, with an automated entrance gate and a sealed circular driveway creating an elegant first impression.
The gardens surrounding the home are equally captivating, showcasing an array of established plantings including a productive mini-orchard, herbaceous garden beds, rose bushes and sweeping lawns that frame the home perfectly.
Double entry doors open to a warm and inviting interior. The generous foyer leads through to the home's main living areas, comprising a family/dining space, a well-appointed kitchen and a separate living room. Bay windows in these rooms enhance the feeling of space and invite the garden views indoors.
The kitchen, while of an older style, has been superbly maintained and offers expansive preparation surfaces, abundant storage including a pantry, along with a wall oven, dishwasher, electric cooktop and rangehood. Two heat pumps (reverse-cycle air conditioners) ensure year-round comfort throughout the entire living zone. Quality finishes, including tiled floors, carpeted areas, vertical blinds and Venetians, feature throughout.
A hallway off the kitchen leads to a practical utility wing, including a spacious and attractively finished laundry with direct access to the patio and garden, as well as linen storage and a separate toilet.
Further along, the family bathroom, complete with bath, separate shower and vanity, sits opposite the master suite. The master bedroom features built-in robes and an ensuite with shower, vanity and toilet.
Adjacent to the family bathroom, a doorway opens into a wonderfully large rumpus room, offering exceptional flexibility for use as a games room, studio, home office or additional living space. Sliding doors connect this room to the impressive covered outdoor entertaining area, ideal for hosting larger gatherings and perfectly suited to Tasmania's ever-changing weather.
A separate hallway leads to the remaining three bedrooms, all with built-in robes, and provides internal access to the home's single garage. An additional heat pump services this area of the home.
Beyond the main residence, the grounds continue to unfold. At the far end of the driveway sits a highly functional garage with electric roller door and adjoining carport. This substantial structure offers excellent vehicle storage capacity, generous workshop space, high internal clearance and useful mezzanine storage approximate size 12 x 6 metres.
This tranquil part of Margate offers a delightful semi-rural ambience. The nearby "Dave Burrows Walk" and "Dave Burrows Park", forming a natural backdrop to the property, enhance the setting, with abundant native wildlife and birdlife contributing to the peaceful, nature-rich environment.
Despite the rural feel, the property is conveniently close to Margate's primary school, shops and services, with Kingston just 10 minutes away. Dru Point provides boat launching facilities, a children's playground and a dog exercise area, while Hobart is only 25 to 30 minutes from the doorstep and is serviced by public transport.
Immaculately presented and rich in potential, this charming home will appeal to a wide range of buyers seeking space, tranquillity and the opportunity to add their own personal touch in a truly special part of Margate.
Listing description written by Paul Guest, Raine & Horne Kingston — 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.