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
$1,073,000
Last sold
10 June 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
308 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
$1,073,000
10 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Margate (last 5 years) with land size have a median of $2,238/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
-2.5%
Median sale
Suburb $1,100,000
+0.07 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.
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 Ray White RedcliffeWelcome to 69 Sorrento Street, a perfectly positioned three-bedroom, two-bathroom sanctuary offering the ultimate combination of elevation, privacy, and low-maintenance luxury. Nestled in a peaceful, family friendlystreet and Ideally situated at the highest point of the Peninsula, this property captures refreshing coastal breezes and offers total peace of mind with its premier, flood-free position.
This home is the ultimate choice for those who value a "lock-up-and-leave" lifestyle without compromising on internal scale. Step inside to a bright, flowing layout enhanced by brand-new carpets and new ceiling fans throughout every bedroom and living space. The heart of the home has been stylishly updated with a new electric cooktop and sleek new kitchen benches. The living area features tinted glass doors for added privacy and climate control, seamlessly connecting the indoors to your private outdoor surrounds.
The master bedroom features a spacious walk-in robe and a private ensuite. Two additional well-sized bedrooms with built-in robes ensure ample space for family, guests, or a dedicated home office.
The exterior is designed for maximum enjoyment with minimum effort. A fully fenced front yard provides a secure space for pets or children, while the rear is framed by established Jackfruit and Bamboo trees, creating a lush, natural privacy screen. A garden that offers tranquility and shade without the chore of heavy weekend maintenance.
Property Features:
* Situated at the highest point of the Peninsula for superior breezes and a flood-free position
* Fresh modern updates including kitchen bench, electric cooktop, ceiling fans and carpet in each room
* Tinted doors in the living room for ultimate privacy and climate control
* Master suite complete with a private ensuite and walk-in robe
* Bedrooms two and three each with ceiling fans and built in robes
* Fully fenced, low maintenance front and backyard with established tropical greenery for natural screening
* Secure single lock up garage with internal access
* Move in ready
Located in a highly sought-after Margate pocket, you are just a short stroll from the vibrant Margate Beach and The Sebel. Enjoy the proximity to Margate Village, local cafes, and the iconic Redcliffe Parade. For the professional, the proximity to the Ted Smout Memorial Bridge means that commuting to the city is a breeze, optimal for the perfect work/life balance. Families will also love the closeness to Humpybong State School and Grace Lutheran Primary.
Don't miss this rare opportunity to secure a low-set, move-in-ready home in a thriving and elevated bayside community.
Disclaimer:
In preparing this advertisement we have endeavoured to ensure the information contained is true and accurate. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Ben Smith, Ray White Redcliffe — reproduced as published, not verified by Districts.