Margate at a glance
7,756
People
$1,100,000
Median sale
$595/wk
Median rent
2.81%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
QLD › Margate › Sorrento St
$995,000
Last sold
21 May 2025
2
Bedrooms
1
Bathrooms
0
Car spaces
911 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$995,000
21 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $2,240/m² of land (n=116). Districts calculation from recorded sales — not a valuation.
Margate at a glance
7,756
People
$1,100,000
Median sale
$595/wk
Median rent
2.81%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
-9.5%
Median sale
Suburb $1,100,000
+0.30 pp
Gross yield
Suburb 2.81%
Suburb median $1,100,000 from 69 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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $595/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. This lot’s own applications are a separate question. 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. This lot’s own applications are a separate question.
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
7,756
People
$1,100,000
Median sale
$595/wk
Median rent
2.81%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property RedcliffeHUGE BLOCK, SUPERB LOCATION AND ENDLESS POTENTIAL!
If you've been biding your time, waiting for that perfect opportunity for a seaside dream of your own design, then look no further! Sitting in the heart of the thriving Redcliffe peninsula, just minutes from golden foreshores and everyday amenities, this is a blank canvas brimming with opportunity and potential!
Presiding over a massive 911m2 block, this classic seaside home has been the setting for years of happy memories and now brings a mouthwatering range of opportunities. Perfect for those happy to wield a hammer and execute a dream renovation, the massive block also lends itself to the ideal chance to knock down and build your dream seaside escape!
Sitting just 1km from the beach, a north/south orientation combines with an easy build landscape, perfect for a range of designs and potential development, with the possibility of capturing ocean views!
Maintaining a fantastic walkable lifestyle that embraces a relaxed pace of life, it is a short walk to schooling, dining, parkland, and bus. Large medical and shopping are close by as are major transport corridors, allowing for easy access to those commuting to the Brisbane city and airport. With no compromise on space or location this is a needle in a haystack offering you'd be crazy to miss!
- Incredible renovate/build/develop opportunity in prime position
- Huge 911m2 block just 1km from the beach
- Covered north/south orientation with easy-build landscape
- Potential to obtain water views
- Classic seaside two bedroom home perfect for renovation and profit potential
- Walking distance to schooling, dining, bus and parkland
- Easy access to large shopping, medical and transport corridors
Water rates: Approximately $350 Per Quarter
Council rates: Approximately $650 Per Quarter
Rental appraisal: $500 - $550 per week
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Clinton Viertel, Belle Property Redcliffe — reproduced as published, not verified by Districts.