Margate at a glance
7,756
People
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
$840,000
Last sold
4 Aug 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
607 m²
Land
125 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
$840,000
4 Aug 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
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Vs Margate
-24.2%
Median sale
Suburb $1,108,470
+0.89 pp
Gross yield
Suburb 2.79%
Suburb median $1,108,470 from 71 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
$1,108,470
Median sale
$595/wk
Median rent
2.79%
Suburb gross yield
Median sale from 71 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property RedcliffeCOASTAL CHARM MEETS EVERYDAY COMFORT
Nestled in the heart of Margate, this delightful 3-bedroom residence offers the perfect blend of seaside serenity and suburban convenience. Set on a generous 607 sqm allotment, the home boasts a well-designed 125 sqm floorplan that caters to both relaxed living and entertaining.
Upon entry, you're greeted by a light-filled, open living plan that seamlessly connects to a functional kitchen and dining space, ideal for family gatherings. The home is move-in ready however those with creative flare or wishing to add their own personal touch, will delight at the opportunity this property presents.
The entire home features beautiful wooden floorboards and security screens throughout, with air-conditioning in the main living area as well as 2 of the bedrooms, offering all-year-round comfort.
The kitchen includes stylish benchtops and panelled cabinetry, dishwasher, oven, stovetop and rangehood. Enjoy area views and salty sea breezes from your upstairs balcony.
Each bedroom is thoughtfully appointed, providing comfort and privacy for all members of the household. The family bathroom features bathtub/shower combination and storage.
The lower level of the home features plenty of storage space, laundry and 1 car garage.
The expansive backyard presents a blank canvas for outdoor enthusiasts - envision lush gardens, a play area for children and pets or even a future pool. With ample space, the possibilities are endless.
Perfectly positioned just moments from Margate's stunning beaches, this property promises an enviable coastal lifestyle in one of the peninsula's most sought-after suburbs. Enjoy the convenience of being within easy reach of popular local cafes, quality schools, entertainment, lifestyle facilities and a vibrant shopping precinct, making day-to-day living both effortless and enjoyable.
Margate is especially celebrated for its abundance of green spaces and scenic walking tracks that wind along the coastline and through peaceful residential pockets. Just footsteps from your front door lies Seacrest Park - a local favourite for morning strolls and relaxed weekends with the kids. Whether you're soaking in the sea breeze, exploring nature trails or enjoying the relaxed community atmosphere, this location truly offers the best of coastal living.
For those who value a balanced lifestyle, Margate delivers on every front - from sunrise walks along the esplanade to family-friendly events, there's always something to enjoy. The combination of natural beauty, community charm and everyday convenience makes this property not just a place to live, but a place to truly belong.
Whether you're a first-time buyer, downsizer, or investor, 87 Cutts Street is one to be seriously considered.
- 607m2 block
- Ideal family setting
- Move-in ready with the opportunity to add your own personal touches and flare
- Open-plan living and dining with air-conditioning
- Wooden floorboards and security screens throughout
- Modern kitchen with stylish wooden benchtops and panelled cabinetry, dishwasher, oven, stovetop and rangehood
- Upstairs balcony with area views
- Expansive fenced backyard
- Three bedrooms on the upper level; 2 bedrooms feature air-conditioning
- Family bathroom with bathtub/shower combo and storage
- Lower level includes plenty of storage, laundry and 1 car garage
- Located in the heart of Margate and close to all things needed!
Council rates: $540 PQ
Water rates: $330 PQ
Rental appraisal:
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 Jonathan Koleszar, Belle Property Redcliffe — reproduced as published, not verified by Districts.