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.
$590,000
For sale
Asking
3
Bedrooms
1
Bathrooms
4
Car spaces
599 m²
Land
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
Asking
$590,000
Asking · $985/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.
Vs Sorell
-18.9%
Median sale
Suburb $727,500
+0.99 pp
Gross yield
Suburb 4.25%
Suburb median $727,500 from 36 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,030 on top of the price (4.4% extra)
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.
Pre-filled with Sorell's advertised median rent — not a rent for this listing.
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.
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.
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.
Gross yield if leased at the suburb aggregate is 5.2%. 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
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
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 For Sale By OwnerOffering an excellent opportunity for investors, this attractive and beautifully maintained weatherboard property is prominently positioned on Main Road in central Sorell.
The property is currently occupied as office premises by an established tenant who has been in occupation since 2023. A new three-year lease commenced in June 2026, with two further one-year options providing the potential for tenancy through to 2031.
The lease provides an indicative net return of approximately 5.75%, with CPI-linked rental increases over the lease term. The tenant is also responsible for significant property outgoings, including council rates, all water charges and land tax.
Originally built in 1960, the house, garden and outbuildings were extensively improved in 2023. The house was rewired, repainted and refurbished, with polished timber floorboards through the kitchen, dining and living areas, new carpet in the bedrooms, retrofit double glazing, landscaping, and roof and gutter refurbishment. Its use as office premises since the improvements were completed has kept the property in excellent condition.
The property offers three bedrooms, an open-plan kitchen, dining and living area, bathroom, separate toilet and sunroom. A reverse-cycle heat pump provides year-round heating and cooling, and there is comfortable off-street parking for three vehicles.
The enclosed backyard is established and productive, with a variety of fruit trees, a vegetable-growing area and native plantings.
Additional structures include a garage and storage area, garden shed, and a separate studio.
Prominently located opposite Sorell School and within easy walking distance of shops, medical facilities and essential services, the property is well positioned in the heart of Sorell.
Sorell is one of Tasmania's fastest-growing municipalities and an important retail and service centre for Tasmania's South East. Continued residential growth, including the planned Sorell East Growth Area, together with significant investment in the Hobart-Sorell highway connection, education and commercial infrastructure, supports the property's well-connected central location.
Lease documentation and further property information are available to genuine prospective purchasers.
Inspections are available by appointment with appropriate notice to the tenant.
Some images have been digitally edited for tenant privacy. No structural features have been altered.
For further information or to arrange an inspection, please contact us.
The Phone Code for this property is: 75525. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (TAS), For Sale By Owner — 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.