31 Sorell Street, George Town, TAS 7253 sold on 02 September 2026 | OnTheHouse
SOLD
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Sold on 02 Sep 2026 for $700,000

31 Sorell Street
George Town TAS 7253

Bedrooms: 2
Bathrooms: 1
Car spaces: 8
Floor area: 63m2
Land area: 716m2
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Property Details for 31 Sorell St, George Town

31 Sorell St, George Town is a 2 bedroom, 1 bathroom House with 8 parking spaces and was built in 1988. The property has a land size of 716m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom House sold in George Town in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
63m2
Land Size
716m2
Local Government
George Town
Lot/Plan
1/11579

Last Listing description (September 2026)

Investors, take note Rarely do opportunities like this come to market, a well-maintained block of three units presenting an investment that is truly better than money in the bank.

Comprising a total of six bedrooms and three bathrooms, each unit individually offers two bedrooms alongside an open plan living area, with modern comforts abound with updated kitchens and bathrooms across the portfolio.

Tenant satisfaction is high, as reflected in the long-term rental history and excellent occupancy rates. Three undercover parking spaces ensure convenience, plus additional off-street parking for visitors.

The property sits on a substantial 716m parcel of land, just a leisurely three to four minute stroll from George Towns vibrant centre so shops, cafes, and all amenities are right on the doorstep.

Currently returning an impressive 8% gross yield with secure leases in place, this is a turnkey investment for those seeking solid returns in a rapidly growing area.

For further information or to arrange a confidential discussion, please contact us today. Dont miss this opportunity to grow your portfolio with a blue-chip asset.

Howell Property Group 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 its validity. Prospective clients are advised to carry out their own investigations.

Property History for 31 Sorell St, George Town, TAS 7253

A timeline of how this property has performed in the market
Last Sold
$700,000
02 Sep 2026
Listed for Rent
$150/w
21 Sep 2011
  • 02 Sep 2026
    Sold for $700,000
  • 05 Aug 2026
    Listed for Sale Not Disclosed
  • 26 Oct 2016
    Listed for Rent - Price not available
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About George Town 7253

The size of George Town is approximately 104.8 square kilometres. There are 26 parks, covering nearly 26.7% of the total area. The population of George Town in 2016 was 4347 people. By 2021 the population was 4536 showing a population growth of 4.4% in the area during that time. The predominant age group in George Town is 60-69 years. Households in George Town are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in George Town work in a labourer occupation.In 2021, 62.70% of the homes in George Town were owner-occupied compared with 59.20% in 2016.

George Town has 2,722 properties. Over the last 5 years, Houses in George Town have seen a 58.24% increase in median value, while Units have seen a 31.81% increase. As at 31 August 2026:

  • The median value for Houses in George Town is $482,619 while the median value for Units is $429,512.
  • Houses have a median rent of $440 while Units have a median rent of $300.
There are currently 40 properties listed for sale, and 16 properties listed for rent in George town on OnTheHouse. According to Cotality's data, 183 properties were sold in the past 12 months in George town.

Suburb Insights for George Town 7253

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.