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TAS › Port Sorell › Rice St

22 Rice St, Port Sorell TAS 7307

For saleHouse for Sale

$675,000–$695,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

3

Car spaces

683 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $675,000–$695,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $675,000–$695,000(Listing record · 16 June 2026)
  • CalculationLand 683 m² against a 170 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 6% below the Port Sorell median recorded sale ($715,000, n=15, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Port Sorell's advertised median rent ($536/wk), implied gross yield would be 4.13% — 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

$675,000–$695,000

Asking range · $988/m² of land

No recorded sale for this property.

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

-5.6%

Median sale

Suburb $715,000

+0.23 pp

Gross yield

Suburb 3.90%

Suburb median $715,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$675,000
Stamp Duty (Tasmania)
$25,685
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
$704,642

$29,642 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

Based on the low end of the asking range, not a contract price.

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

Net yield
2.63%
Annual cashflow (pre-tax)
$-17,353
Interest cover (DSCR)
0.51
Annual rent
$27,872
Operating expenses
$10,125
Loan amount
$540,000
Annual interest
$35,100
Gross yield
4.13%

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$675,000–$695,000available16 June 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 $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

Gross yield if leased at the suburb aggregate is 4.1%. 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.

Nearby

Nearby properties

  • 23 Rice St, Port Sorell TAS 7307
  • 15 Rice St, Port Sorell TAS 7307
  • 1 Rice St, Port Sorell TAS 7307
  • 53 Rice St, Port Sorell TAS 7307

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

Levels of Opportunity in Popular Port Sorell

Perfectly positioned in Port Sorell, a sought-after sea change location, this spacious two-storey family home offers an incredible amount of flexibility, making it an ideal choice for growing families, holidaymakers, first-home buyers, or savvy investors.

Upstairs is where family life naturally unfolds. The bright and welcoming kitchen sits at the heart of the home, perfectly positioned between the sun-filled lounge room, which captures the beautiful morning light, and the dining area, where afternoon and evening sunshine creates a warm and inviting atmosphere. Natural timber floorboards throughout the living spaces add character and warmth, enhancing the relaxed coastal feel.

Accommodation includes three generous bedrooms, all complete with built-in robes, while the family bathroom and laundry provide convenience and functionality.

Read the full description

Step through the sliding doors from the lounge room onto the enormous covered entertaining deck – a true extension of the living space. Protected from the elements and designed for year-round enjoyment, it's the perfect place to gather with family and friends, enjoy a summer barbecue, or simply relax with your morning coffee.

Downstairs opens up a world of opportunity. This expansive level offers multiple living options, whether you're seeking a teenage retreat, guest accommodation, a second family living area, rumpus room, games room, home office, hobby space, or perhaps even future dual-living possibilities (STCA). A second bathroom with shower and toilet adds practicality, while an additional room provides the ideal space for a home office, kitchenette, or whatever your lifestyle requires.

Vehicle accommodation is equally impressive, with a huge garage capable of housing two vehicles plus a carport. There's ample room for bikes, kayaks, fishing gear, or even a pool table for family fun on rainy days.

The fully accessible backyard provides valuable space for storing boats, caravans, trailers, or additional vehicles, while both front and rear decks allow you to follow the sun throughout the day and enjoy outdoor entertaining from every angle.

Situated just moments from Port Sorell's stunning beaches, local shops, cafes, schools and recreational facilities, this versatile home presents an outstanding opportunity to secure a property with space, flexibility and future potential.

Whether you're looking for your first home, a coastal holiday escape, an investment property, or a spacious family residence to make your own, 22 Rice Street offers endless possibilities in a location you'll love.

*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

  • Living Areas: 2
  • 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.