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 › Van Morey Rd
$1,508,000
Last sold
21 Oct 2021
5
Bedrooms
2
Bathrooms
8
Car spaces
135,900 m²
Land
258 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
$1,508,000
21 Oct 2021 · 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
+76.4%
Median sale
Suburb $855,000
-1.50 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 Elders Real Estate HobartEscape the hustle and bustle of daily life, breath in the clean mountain air and immerse yourself in a pristine environment, this spectacular property is for those dreaming of a life less ordinary. You will live on a picture-perfect 13.59-hectare parcel of land with captivating views that stretch as far as the eye can see all the way to the water and the mountains beyond.
A front deck has been expertly orientated to capture the awe-inspiring outlook. Double entry doors reveal an open-plan layout with oversized expanses of glass that frame the views and bathe the interior in warm natural light.
There is a large lounge room along with an open kitchen, dining and family room that's warmed by a wood heater.
The layout would suit those with older children in need of privacy and comfort with five bedrooms and two bathrooms including the private master suite. Three guest bedrooms are all set around a separate living area while bedroom five would make the ideal study for working from home.
As the lucky new owners of this piece of paradise, you will also enjoy a large greenhouse, multiple sheds and a fire bunker for peace of mind. There's a fully functioning workshop plus a gym/rumpus along with ample rainwater storage and parking for caravans and boats.
- Spectacular 13.59ha property with incredible water, bushland and mountain views
- Flexible five-bed, two-bath layout with multiple living areas and a potential study
- Luxe master with a stunning outlook, a walk-in robe and a private ensuite
- Central celery top pine kitchen with a large island, quality appliances and a generous walk-in pantry
- Open dining and family room, with a fireplace, plus a lounge and living room
- A front deck with commanding views and a rear covered entertaining area
- Multiple sheds, a 12x9m garage and a rumpus/gym for working for home
- A huge 24x9m greenhouse, ample rainwater storage and a fire bunker
- Parking for boats and caravans plus there's a fully functionally workshop
- Built in 2002 and only 6 mins from Margate and 25 mins from Hobart
Listing description written by Warren Lashmar, Elders Real Estate Hobart — reproduced as published, not verified by Districts.