George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
TAS › George Town › Sorell St
$513,000
Last sold
18 Feb 2026
3
Bedrooms
1
Bathrooms
0
Car spaces
1,166 m²
Land
117 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
$513,000
18 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in George Town (last 5 years) with land size have a median of $513/m² of land (n=101). Districts calculation from recorded sales — not a valuation.
George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs George Town
+10.3%
Median sale
Suburb $465,050
-0.42 pp
Gross yield
Suburb 4.58%
Suburb median $465,050 from 86 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 $410/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
George Town at a glance
4,972
People
$465,050
Median sale
$410/wk
Median rent
4.58%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts East TamarWelcome to 22 Sorell Street, George Town - a charming family home with endless opportunities. This spacious three-bedroom residence is set on a generous 1166 sqm (approx.) block, providing ample space for outdoor activities or maybe future development? (STCA). With a minimum area of 325m2 per unit, this little ripper certainly has the area!
When you step inside, you will appreciate the open-plan layout that seamlessly connects the living, dining, and kitchen areas. The home features built-in robes in the main bedroom, ensuring plenty of storage space. With the option of a cozy wood heater and a recently added reverse-cycle air conditioner, you will be able to stay comfortable year-round. The well-appointed bathroom includes a bath, perfect for relaxing after a long day, and there is a separate toilet. Once outside, discover a fantastic outdoor entertaining area on the deck, ideal for hosting family gatherings or enjoying quiet evenings. The fully fenced yard offers a safe space for pets and children to play, while the garden sheds provide additional storage for tools and equipment.
Located just a short distance from the town centre, this property combines the tranquillity of suburban living with easy access to local amenities. With development potential and a pet-friendly environment, this home is perfect for families looking to settle in a vibrant community.
Rent: $400 p.wk - there is a planned rent increase to $440 p.wk, which will come into effect from the end of April 2026.
Lease Expiry: April 2026
House size: 117 sqm (approx.)
Land size: 1,166 sqm (approx.)
Built: 1973
Council rates: approx. $1,940 pa (approx.)
George Town has a lot to offer with 3 schools (two public & one private), a modern hospital, 2 supermarkets, as well as hardware supplies and other shopping conveniences. There are also a number of sporting facilities, a swimming centre, social clubs, and the internationally designed mountain bike trails are nearby. All this, only minutes from the beach, a 35-minute drive to Launceston, and less than one hour to the Launceston Airport.
For further details on this property, contact Dave Woods or Melissa Bennett at Harcourts East Tamar.
Harcourts East Tamar has no reason to doubt the accuracy of the information in this document, which has been sourced from means that are considered reliable. However, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
Listing description written by David Woods, Harcourts East Tamar — 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.