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 › Melinda Ct
$650,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$650,000
Asking
No recorded sale for this property.
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
-40.9%
Median sale
Suburb $1,100,000
+1.95 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.
$28,411 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Margate's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 ScarboroughFreshly presented and perfectly positioned in the beautiful suburb of Margate, this charming one-bedroom apartment offers the ideal combination of move in ready comfort and exceptional lifestyle appeal. Whether you're a first home buyer, downsizer or savvy investor, this low-maintenance residence presents an outstanding opportunity to secure a home in one of the Redcliffe Peninsula's most desirable coastal communities.
Designed to feel far larger than your typical one bedroom apartment, the light-filled interior welcomes you with a fresh neutral colour palette, quality updates and an intelligent open-plan layout that maximises both space and functionality. The spacious living and dining area flows effortlessly onto a private balcony, where cooling northern breezes create the perfect setting to enjoy your morning coffee or unwind with a glass of wine at the end of the day.
The functional kitchen offers ample bench space, generous storage, making everyday cooking both practical and enjoyable while remaining well connected to the living area.
The generously sized bedroom enjoys an abundance of natural light and features a built in wardrobe, while the neat and tidy bathroom offers immediate comfort with scope to personalise over time if desired. An internal laundry further enhances the practicality of the home.
A standout feature of this apartment is the exceptional amount of storage on offer. In addition to a secure lock-up garage, the property includes a large, dedicated storage room located beneath the apartment. Whether you need space for bikes, tools, camping gear, sporting equipment or seasonal items, this versatile area provides a level of storage rarely found in one-bedroom apartments and adds genuine convenience to everyday living.
Combining low-maintenance living with a highly sought-after location, you'll enjoy being just a short drive from Margate Beach, vibrant cafés and restaurants, shopping centres, public transport and all the lifestyle amenities the peninsula is renowned for.
Property Features:
• Well-presented one-bedroom, one-bathroom apartment
• Bright, airy and surprisingly spacious open-plan layout
• North Facing Balcony
• Light-filled living and dining area
• Private balcony capturing refreshing breezes
• Functional kitchen with ample storage, generous bench space
• Spacious bedroom with built-in wardrobe
• Neat and tidy bathroom
• Internal laundry
• Secure lock-up garage
• Large, separate storage room beneath the apartment approximate size 2.5m x 3m
• Low-maintenance apartment living
• Short drive to Margate Beach, cafés, restaurants, shopping and public transport
• Ideal for first home buyers, downsizers and investors
Recent Renovations:
• Newly installed LED downlights throughout
• New ceiling fans throughout
• Freshly painted internally in Dulux Natural White, creating a bright and modern feel
• Black Vistaweave outdoor blinds installed to the balcony, providing additional privacy and shade during the warmer months
Council Rates: $500 approx per quarter
Water Rates: $345 approx per quarter
Body Corporate: $825 approx per quarter
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 Cal Williams, Ray White Scarborough — reproduced as published, not verified by Districts.