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.
TAS › Port Sorell › Rice St
7
Bedrooms
4
Bathrooms
1
Car spaces
510 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Port Sorell (last 5 years) with land size have a median of $584/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
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.
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 $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.
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
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.
Listing material
Listed by Eview Group54 Rice Street, Port Sorell, this property, known as Sails on Port Sorell, presents an enticing opportunity for those seeking a well-equipped living and business arrangement in the scenic region of Tasmania. Located on the northwest coast near Devonport, this property comprises the owner's residence and three separate self-contained holiday apartments, all just a short walk from the beach. It offers the chance to revitalize the accommodation business, with all necessary infrastructure in place for the new owners, including training.
The three self-contained holiday apartments on the ground level each feature their own access, dine-in kitchen, bedroom, and ensuite, providing complete independence for guests. Meanwhile, the owner's residence, or a potential extra accommodation, is situated on the upper level and boasts an open-plan lounge, kitchen, and dining area with access to an outdoor deck. This residence also includes two bedrooms with built-in closets, a bathroom with a spa bath, shower, vanity unit, and linen press, along with a separate toilet featuring a washbasin. The laundry and office space are conveniently located downstairs.
The property is zoned as "Residential" and comes with a Short-Term Accommodation Permit. It's also equipped with 5 kW of Solar Panels, making it an environmentally friendly choice. Port Sorell, the charming coastal town in which it's located, offers stunning beaches, trendy cafes, and excellent amenities, including the Woolworth Complex and Shearwater Village. Furthermore, the Devonport CBD, Devonport Airport, and the Spirit of Tasmania terminal are all within a 20km radius.
Alternatively, this property would easily convert to a large 4 or 5 bedroom home for those not seeking the holiday accommodation option.
If the idea of embracing a coastal lifestyle while securing a source of income appeals to you, please reach out to Sharyn Crack for additional information.
**Property Circle Tas has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate.
Listing description written by Sharyn Crack, Eview Group — reproduced as published, not verified by Districts.