Margate at a glance
4,358
People
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
TAS › Margate › Blackwood Grove
3
Bedrooms
2
Bathrooms
3
Car spaces
8,622 m²
Land
158 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
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 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
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
$860,500
Median sale
$570/wk
Median rent
3.44%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne KingstonMargate is a picturesque coastal town nestled along the shores of North West Bay, just south of Hobart. Its natural beauty, excellent local amenities, and proximity to Kingston have made it an increasingly popular choice for homebuyers seeking both lifestyle and convenience.
Recent commercial developments, including a new shopping centre and a range of business investments, highlight the area's rapid growth and popularity. Meanwhile, the region continues to see the establishment of new housing estates. While modern homes on standard blocks hold great appeal, larger allotments with more traditional residences offer a unique lifestyle opportunity.
8 Blackwood Grove is one such property.
This beautifully maintained brick-veneer home with a Colorbond roof offers a private and tranquil retreat from the hustle and bustle of everyday life. Set in a semi-rural location on a near-level 8,622-square-metre site (2.13 acres), the property is ideal for those seeking a country lifestyle without sacrificing urban convenience.
The home is thoughtfully positioned within its established gardens, creating a charming and welcoming approach via a driveway lined with cypress pines and deciduous plantings.
The single-vehicle garage, complete with a roller door, provides secure parking and internal access to the home. A hardstand parking area leads to the front door, which opens into an inviting entrance foyer with separate access to the two generous living areas.
Designed for both comfort and functionality, the residence features three well-proportioned bedrooms and two bathrooms. The formal lounge and the open-plan kitchen/family room both enjoy a delightful connection to the surrounding gardens, enhancing the home's light-filled and spacious ambience.
The kitchen is well-appointed with ample worktop space, extensive storage, a pantry, a wall oven, and a cooktop, making it a practical and stylish centrepiece of the home. The adjoining family room features a large wood-burning stove, ensuring warmth and cosiness throughout the cooler months.
Both living areas open onto a full-length north-facing patio, perfect for alfresco dining and entertaining. There is in slab floor heating in the living areas and master bedroom.
A short hallway leads to the sleeping quarters, comprising three bedrooms, a family bathroom, a separate adjacent WC, and a laundry. One of the bedrooms includes a built-in wardrobe, while the master suite offers an indulgent retreat with a spacious walk-in wardrobe and an en-suite shower room featuring a shower, vanity, and WC. The main bathroom is well-appointed with a separate shower, bath, and vanity.
A significant highlight of this home is the solar power system, complete with a Tesla storage battery, offering energy efficiency and sustainability.
The beautifully landscaped grounds are a haven for nature lovers. A garden shed and greenhouse cater to keen gardeners, while a discreet hedge conceals a hidden gem at the rear of the property-a productive orchard boasting a variety of fruit trees, including apples, cherries, quinces, apricots, lemons, and plums. From this tranquil setting, you can enjoy distant water views towards North West Bay.
A small paddock on the south side of the block would suit a wide range of purposes.
Located just minutes from Margate's shopping centre and popular primary school, the home is also close to the scenic Dru Point Parklands and boat-launching facilities. Kingston is a convenient 15-minute drive away, with public transport and school bus services easily accessible nearby. Hobart is approximately 30 minutes away.
Offering an idyllic blend of rural charm and modern convenience, this exceptional property presents a rare opportunity to secure a home in one of Tasmania's most desirable locations.
Listing description written by Susan Kay, Raine & Horne Kingston — reproduced as published, not verified by Districts.