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Franklin vs Port Sorell

Property investment comparison - Franklin, TAS 7113 vs Port Sorell, TAS 7307

Head-to-head across core investment metrics: Franklin wins 2, Port Sorell wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFranklinPort Sorell
Median house price$775K$770K
Median unit price$380K-
Gross rental yield (houses)3.72%4.05%
Gross rental yield (units)3.44%4.67%
1-year house growth+8.5%estimate+8.2%estimate
3-year house growth--
Vacancy rate1.1%1.3%
Population1,3012,221

Franklin vs Port Sorell: what the numbers say

The median house price is $775K in Franklin and $770K in Port Sorell, so Port Sorell is the cheaper entry point, with Franklin houses about 1% dearer.

On cash flow, Port Sorell leads: houses there return a gross rental yield of 4.05%, compared with 3.72% in Franklin, a gap of 0.33 percentage points.

Over the past year house prices moved +8.5% in Franklin (an estimate) and +8.2% in Port Sorell (an estimate), so recent momentum favours Franklin, although both suburbs recorded growth.

Rental vacancy is 1.1% in Franklin and 1.3% in Port Sorell, so landlords in Franklin face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Port Sorell is the bigger suburb, with a population of 2,221 against 1,301, larger than Franklin; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Port Sorell for rental income, Port Sorell for a lower purchase price, Franklin for recent price momentum, Franklin for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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