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TAS › Port Sorell › Rice St

15 Rice St, Port Sorell TAS 7307

House

$625,000

Last sold

10 Oct 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

464 m²

Land

110 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $625,000 (10 Oct 2025).(Recorded sale)
  • CalculationLand 464 m² against a 110 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Port Sorell (last 5 years) with land size: median $582/m² of land (n=32). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned General Residential (119.8) under the Latrobe Local Provisions Schedule.(theLIST · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$625,000

10 Oct 2025 · 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.

See the full Port Sorell report →

Vs Port Sorell

-12.6%

Median sale

Suburb $715,000

+0.56 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 and development

Planning scheme

Latrobe Local Provisions Schedule

Zone

General Residential

119.8

Jurisdiction

Latrobe (Tas.)

Latrobe (Tas.), TAS

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: theLIST
  • Dataset: Tasmanian Planning Scheme Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 6519081

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$625,00010 Oct 2025
  2. Listedprice unknowncompleted7 May 2025
  3. Listedprice unknowncompleted7 May 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

TAS

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned General Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 466 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned General Residential · 119.8 (Latrobe Local Provisions Schedule). Official parcel area about 466 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

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Port Sorell in one glance

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.

See the full Port Sorell report →

Keep researching

  • Why Port Sorell? Read the area thesis →
  • What else is on the market in Port Sorell →
  • Other records on Rice St →

Listing material

Listed by Halliwell Property Agents

Low Maintenance Gem in Port Sorell

Positioned in the heart of one of Tasmania's most sought-after seaside communities, 15 Rice Street, Port Sorell offers the ideal blend of low-maintenance living and coastal charm. Whether you're a downsizer, investor, or looking for the perfect holiday escape, this property ticks all the boxes.

Set on a level, easy-care block, this solid home features three bedrooms and two bathrooms, including a master with ensuite. The living area at the front of the home is light-filled and welcoming, with new flooring throughout, including plush carpets in the bedrooms and stylish vinyl planks in the living spaces. The compact yet practical kitchen, in the centre of the home offers everything you need for everyday functionality, while a separate dining or second living provides ample room for growing family.

Outside, enjoy the spacious backyard and impressive large, powered shed, perfect for hobbies, storage, or workshop space. A covered pergola with lights and power connection extends your living area-ideal for evening entertaining or relaxed afternoons in the sea breeze.

Read the full description

There is ample off-street parking, including a single carport, making room for visitors, boats, or a caravan. Located just moments from the beach, beautiful cafes, and walking tracks, this home is a true lifestyle opportunity. The Port Sorell Primary School and Banksia recreation centre are also within convenient walking distance, along with handy bus routes for secondary schools and city shopping.

Don't miss your chance to secure a well-kept, easy-living property in beautiful Port Sorell.

*All information provided is deemed reliable but is not guaranteed and should be independently verified. Property measurements, including square footage, room dimensions, and land size, are approximate and may vary. Buyers are encouraged to conduct their own inspections and due diligence to confirm the accuracy of all details.

Listing description written by Donna Bellinger, Halliwell Property Agents — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 1
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.