2/54 Rice Street, Port Sorell, TAS 7307 | Property Value & History | OnTheHouse
OFF MARKET

2/54 Rice Street
Port Sorell TAS 7307

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Floor area: 84m2
Land area: 371m2
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Property Details for 2/54 Rice St, Port Sorell

2/54 Rice St, Port Sorell is a 5 bedroom, 4 bathroom House with 1 parking spaces and was built in 1981. The property has a land size of 371m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2003.

Building Type
House
Year Built
1981
Floor Size
84m2
Land Size
371m2
Local Government
Latrobe
Lot/Plan
2/139238

Last Listing description (February 2024)

54 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.

Property History for 2/54 Rice St, Port Sorell, TAS 7307

A timeline of how this property has performed in the market
Last Sold
$325,000
07 Apr 2003
  • 20 Oct 2023
    Listed for Sale Offers Over $699,000
  • 07 Apr 2003
    Sold for $325,000
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About Port Sorell 7307

The size of Port Sorell is approximately 9.8 square kilometres. It has 8 parks covering nearly 5.9% of total area. The population of Port Sorell in 2016 was 2022 people. By 2021 the population was 2221 showing a population growth of 9.8% in the area during that time. The predominant age group in Port Sorell is 60-69 years. Households in Port Sorell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Sorell work in a trades occupation.In 2021, 77.80% of the homes in Port Sorell were owner-occupied compared with 74.60% in 2016.

Port Sorell has 1,316 properties. Over the last 5 years, Houses in Port Sorell have seen a 72.31% increase in median value, while Units have seen a 59.90% increase. As at 31 January 2026:

  • The median value for Houses in Port Sorell is $781,762 while the median value for Units is $485,198.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 19 properties listed for sale, and no properties listed for rent in Port sorell on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Port sorell.

Suburb Insights for Port Sorell 7307

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Cotality Copyright and Legal Disclaimers about Property Data
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.