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 › Torquay Dr
$345,000
Last sold
3 Feb 2023
0
Bedrooms
0
Bathrooms
0
Car spaces
2,000 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$345,000
3 Feb 2023 · derived via latest_sale
Local land rate: recorded Land sales in Sorell (last 5 years) with land size have a median of $348/m² of land (n=7). 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
-52.6%
Median sale
Suburb $727,500
+4.70 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. 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
UnknownNearby 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.
Area
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 Harcourts HobartIt's time to build your forever home (with enough space for a granny flat/teenager retreat too!)
Situated at the end of a quiet "non through" road, this generous block of prime residential land in the heart of Sorell measuring approximately 2,000m2 offers a virtually flat, gently sloping and sunny aspect with great drainage making it an easy block to build on.
A block this size is a rare offering indeed and offers plenty of space to build your dream home whilst still having ample room for boats, caravans, sheds etc. - all within easy walking distance of the town's numerous shops and amenities.
Sorell - which is fast becoming Hobart's sister 'satellite' city with everything from good schooling to every retail, service, and recreation outlet that you could need even including a dog exercise park for your fur baby making it a popular town for people to call home.
Positioned an easy walk from Coles and Woolworths shopping precincts plus Hotel's cafes and shops on Gordon St. you can save the tyres for commuting to work and heading up the East coast or down to the Tasman Peninsula where all your camping/glamping, fishing, bush walking, boating, surfing, fine dining and beautiful beach-going dreams come true.
Of course, there is so much more to do in these beautiful parts of Tasmania - and Sorell provides the gateway.
With significant infrastructure construction in full swing augmenting the connection to Hobart Airport and CBD we are anticipating excellent capital growth along this corridor.
Seize the moment and register your interest with Colin Miller without delay.
Disclaimer: Every effort has been made to ensure the accuracy of the information contained here in. While there is no reason to doubt it's accuracy, guarantee can not be assured. The content is not intended as advice and such as can not be taken as absolute fact. Accordingly all interested parties should make their own enquiries to verify this information.
Listing description written by Colin Miller, Harcourts Hobart — reproduced as published, not verified by Districts.