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 › Sandfly Rd
$946,000
Last sold
3 Sept 2025
3
Bedrooms
2
Bathrooms
9
Car spaces
10,521.827 m²
Land
108 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
$946,000
3 Sept 2025 · 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
$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
+10.6%
Median sale
Suburb $855,000
-0.34 pp
Gross yield
Suburb 3.47%
Suburb median $855,000 from 25 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
$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 First National Real Estate KingstonPositioned in the picturesque suburb of Margate, just a short stroll from the vibrant town centre and under 20 minutes to Hobart, this appealing 1948 character home sits proudly on an easily-managed 2.6-acre parcel of land. Offering a perfect blend of country charm and modern convenience, the property is an idyllic haven for those seeking space, privacy, and a lifestyle that embraces both rural living and urban accessibility.
This beautiful home is brimming with features that make it ideal for both family life and those with a love for the outdoors. With room for a variety of livestock and multiple outbuildings, including a hay shed and animal shelter, the property is perfect for hobby farmers or animal lovers. The two fully fenced paddocks-currently being used for hay production-offer plenty of room to roam, and the land is equipped with ag drains to ensure efficient drainage. A roller door has been installed on the hay shed, ensuring ease of access for your farming needs.
The house itself has been thoughtfully updated to meet modern expectations while retaining its historic character. The property underwent a major rewire in early 2017, with power now running underground for added safety and aesthetic appeal. The driveway has been excavated and resurfaced for smooth access, and the water supply has been retrenched and upgraded from the mains to ensure a reliable source of water, yes, town water acreage! Two outdoor entertaining terraces have been expertly excavated, paved, and concreted, creating perfect spaces for alfresco dining or simply relaxing while enjoying the pretty outlook.
Inside, the house has been upgraded with comfort glass windows in the main and third bedrooms to enhance energy efficiency and noise reduction. One bathroom and the kitchen have also received modern updates, ensuring functionality without compromising on style. A reverse cycle hot water system ensures efficient and economical water heating throughout the year.
Beyond the property's boundaries, Margate offers an enviable lifestyle with its stunning natural surroundings and rapidly expanding community. Whether you're enjoying a picnic with the kids at Dru Point Bicentennial Park, launching the boat in North West Bay, buying Rock Lobster fresh off the trawlers, choosing only the freshest of produce from Merediths Orchard, berthing your yacht at the Margate Marina, or exploring nearby hiking trails, you'll find no shortage of outdoor activities. Margate's easy access to Hobart also makes it a convenient place to live, offering a perfect balance of peaceful country living with all the amenities of city life just a short drive away.
This is more than just a property; it's a lifestyle waiting for you to make it your own. Don't miss out on this incredible opportunity to acquire your dream home in one of Tasmania's most sought-after locations. Contact us today for more information!
Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Listing description written by Helen Lehane, First National Real Estate Kingston — reproduced as published, not verified by Districts.