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TAS › Sorell › Henry St

2 Henry St, Sorell TAS 7172

For saleHouse for Sale

$485,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

445 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $485,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $485,000(Listing record · 28 Aug 2026)
  • CalculationLand 445 m² against a 108 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 33% below the Sorell median recorded sale ($727,500, n=36, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Sorell's advertised median rent ($594/wk), implied gross yield would be 6.37% — this is not a rent for this listing.(Districts scenario calculation)

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.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$485,000

Asking · $1,090/m² of land

No recorded sale for this property.

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.

See the full Sorell report →

Vs Sorell

-33.3%

Median sale

Suburb $727,500

+2.12 pp

Gross yield

Suburb 4.25%

Suburb median $727,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$485,000
Stamp Duty (Tasmania)
$17,610
Transfer/Registration Fee
$257
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$506,567

$21,567 on top of the price (4.4% extra)

  • Stamp Duty (Tasmania)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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: Tasmania schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Sorell's advertised median rent — not a rent for this listing.

Net yield
4.87%
Annual cashflow (pre-tax)
$-1,607
Interest cover (DSCR)
0.94
Annual rent
$30,888
Operating expenses
$7,275
Loan amount
$388,000
Annual interest
$25,220
Gross yield
6.37%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$485,000available28 Aug 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $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.

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

Gross yield if leased at the suburb aggregate is 6.4%. 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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Sorell in one glance

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.

See the full Sorell report →

Keep researching

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

Listing material

Listed by @realty

Smart Start or Savvy Investment in the Heart of Sorell

Whether you're looking to buy your first home or secure a ready-made investment, this well-positioned three-bedroom property offers an appealing combination of affordability, convenience and strong potential rental return in the heart of Sorell.

Offering three bedrooms, one bathroom and two off-street car spaces, the home provides comfortable, easy-care living within convenient reach of Sorell's shops, supermarkets, schools, services and transport.

For first-home buyers, this is an excellent opportunity to step into the property market with a practical three-bedroom home in an established and popular township. With manageable outdoor areas and no active strata fees, it offers the benefits of home ownership without unnecessary ongoing costs.

Read the full description

For investors, the numbers are equally appealing. Likely rental of $510 per week – $26,520 per annum – the property can provide an immediate income stream from day one. Adding further appeal, the property forms part of a non-active strata with no strata fees, helping to keep ongoing ownership costs down.

Sorell continues to grow as one of Southern Tasmania's key residential and commercial centres, with major shopping, services and employment opportunities close at hand, while Hobart Airport and the city remain within easy reach.

Property Highlights:

- Three-bedroom home

- One bathroom

- Two off-street car spaces

- Likely rent $510 per week

- $26,520 gross annual rental income

- Non-active strata with no strata fees

- Excellent first-home buyer opportunity

- Ready-made investment with immediate rental income

- Convenient Sorell location

Close to shopping, schools, services and transport

Easy access to Hobart Airport and surrounding areas

Whether you're looking to stop renting and secure a home of your own or add a straight-forward, income-producing property to your investment portfolio, 2 Henry Street represents an opportunity well worth considering.

Affordable to own. Easy to maintain. Ready to produce income.

Please contact Ben Palmer from @realty for further information.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Ben Palmer, @realty — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Deck
  • Fully Fenced
  • Secure Parking
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.