Port Sorell at a glance
2,177
People
$715,000
Median sale
$536/wk
Median rent
3.90%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
TAS › Port Sorell › Rice St
$618,000
Last sold
31 Oct 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
809 m²
Land
151 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
$618,000
31 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Port Sorell (last 5 years) with land size have a median of $582/m² of land (n=32). Districts calculation from recorded sales — not a valuation.
Port Sorell at a glance
2,177
People
$715,000
Median sale
$536/wk
Median rent
3.90%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Port Sorell
-13.6%
Median sale
Suburb $715,000
+0.61 pp
Gross yield
Suburb 3.90%
Suburb median $715,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Latrobe Local Provisions Schedule
Zone
General Residential
119.8
Jurisdiction
Latrobe (Tas.)
Latrobe (Tas.), TAS
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
TASZoned General Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 810 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $536/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned General Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 810 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 810 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Port Sorell at a glance
2,177
People
$715,000
Median sale
$536/wk
Median rent
3.90%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Living HereSituated in one of the most sought after locations in Port Sorell, this 3-bedroom, 1-bathroom home offers an incredible opportunity for those seeking to invest in a unique location. Positioned perfectly between the tranquil estuary and a lush nature reserve, this property boasts both natural beauty and development potential.
The property provides an idyllic lifestyle, with the estuary offering waterfront views and recreational activities right at your doorstep, while the adjacent reserve ensures privacy and a serene atmosphere. Whether you're looking to secure a peaceful retreat, or plan a future development, this property is the perfect blend of potential and lifestyle.
Key Features
* 3 Spacious Bedrooms with built in-robes- Offering ample space for a family or as a holiday home
* Large walk-in pantry
* 1 Bathroom - with scope for renovation
* Entertaining space- large undercover area at the rear of the home
* Garage - Secure parking and extra storage options
* Development Potential - With land in such a prime spot, there's an opportunity to expand or build your dream home in a sought-after location
Lifestyle Benefits
* Floating Pontoon - Just a short stroll away, perfect for boating and water activities
* Saltwater Fishing - Enjoy some of the best fishing spots right on your doorstep
* Cafés & Eateries - Enjoy a vibrant local café scene, offering delicious food and coffee just minutes away
* Nature Walks - Explore scenic trails along the estuary and reserve, taking in the natural beauty and wildlife
* Local Vineyards - A short drive brings you to some of the region's finest vineyards, offering cellar door tastings and gourmet experiences
Whether you're after outdoor adventures, a peaceful lifestyle surrounded by nature, or easy access to vibrant local dining and wineries, this property offers it all. With Port Sorell's growing popularity, this is your chance to secure a piece of the future while enjoying all the best of coastal living.
**Harcourts Devonport & Shearwater have no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate**
Listing description written by Elise Chisholm, Ray White Living Here — reproduced as published, not verified by Districts.