Sorell at a glance
4,383
People
$727,500
Median sale
$594/wk
Median rent
4.25%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
TAS › Sorell › Pennington Dr
$680,000
Last sold
2 Oct 2025
3
Bedrooms
2
Bathrooms
3
Car spaces
861 m²
Land
123 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
$680,000
2 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Sorell (last 5 years) with land size have a median of $962/m² of land (n=86). Districts calculation from recorded sales — not a valuation.
Sorell at a glance
4,383
People
$727,500
Median sale
$594/wk
Median rent
4.25%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Sorell
-6.5%
Median sale
Suburb $727,500
+0.29 pp
Gross yield
Suburb 4.25%
Suburb median $727,500 from 36 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.
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 $594/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
UnknownArea
Sorell at a glance
4,383
People
$727,500
Median sale
$594/wk
Median rent
4.25%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Slate Estate AgentsSituated at the gateway to Tasmania's East Coast, in the rapidly growing suburb of Sorell, this well-presented home offers an outstanding opportunity for first-home buyers or investors. Thoughtfully designed for comfortable open plan family living, the property is both inviting and functional - an excellent choice for those seeking value and lifestyle that delivers on every front.
- Vibrant, light-filled interiors offer a welcoming sense of comfort and space
- Expansive open-plan living areas encourage easy flow and relaxed family interaction
- Contemporary kitchen with gas cooking, breakfast bar, and direct access to the rear entertaining deck
- Three well proportioned bedrooms, all with built-in wardrobe, master features a private ensuite
- Sun-drenched timber deck provides the perfect setting for outdoor entertaining
- Generous, fully fenced backyard with a level lawn and scenic rolling hill backdrop – ideal for children and pets
- Large 861sqm corner block offering flexibility and development potential (STCA)
- A smart choice for first-home buyers, growing families, or savvy investors
- Sorell is experiencing strong growth, with a thriving commercial precinct and expanding infrastructure
- Conveniently located close to local schools, shops, cafes, and just a short drive to the East Coast, Tasman Peninsula, and Hobart Airport
Build year: c2015
LGA: Sorell Council
Water rates: $1,236pa approx.
Council rates: $1,909pa approx.
Listing description written by Garry Quan, Slate Estate Agents — reproduced as published, not verified by Districts.
Nearby 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.