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Port Sorell, TAS 7307

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$770,000

market range $725K-$850K

Median Unit

$675,000

list-price estimate

Gross Yield (houses)

4.0%

1yr Growth (houses)

+8.2%

market range -2.5% to +15.0%

Investment snapshot for Port Sorell

Port Sorell has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Port Sorell market and investor summary

In Port Sorell, TAS 7307, the median house sells for around $770K, on a gross rental yield of 4.0% for houses. House prices have moved +8.2% over the past year. At 1.3% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.0% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking. Houses also take time to sell, around 83 days on market, so plan for a slower exit if you ever need one.

Living in Port Sorell: people, income and schools

About 2,221 people live in Port Sorell, and the area has been growing steadily, up about 8% over five years. At a median age of 52, it reads as an older, established demographic, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $68,000 a year (about $1,300 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 11.4 times local household income, so affordability is a genuine constraint on local buyers.

There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 21 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,221
+8% over 5yr
Median age
52 years
Median household income
$68,000/yr
Households renting
20%
Family households
74%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
1
avg ICSEA 996
Unemployment
3.0%
Walk score
21/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Port Sorell

No properties currently listed in Port Sorell

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Frequently asked questions about Port Sorell

What should I check before investing in Port Sorell?

Port Sorell has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +8.2% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Port Sorell?

The median property price in Port Sorell, TAS 7307 is $770K for houses.

What rental yield does Port Sorell show?

The gross rental yield in Port Sorell is 4.0% for houses and 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Port Sorell?

House prices in Port Sorell are up 8.2% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Port Sorell?

The current vacancy rate in Port Sorell is 1.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Port Sorell?

Port Sorell has a population of approximately 2,221 residents, with a median age of 52.

What schools are near Port Sorell?

There are 1 school within roughly 5km of Port Sorell. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Port Sorell affordable to buy in?

A median house in Port Sorell costs about 11.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Port Sorell's population growing?

The population of Port Sorell has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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