19 Pitcairn Street, Port Sorell TAS 7307
19 Pitcairn Street, Port Sorell TAS 7307
Single-level 1960s house on 896m² | 4-bed listing vs 3-bed profile | 118m² internal | 0.2km to primary school | Coastal township setting
This property holds a genuine competitive edge in Port Sorell’s older housing stock. The large 896m² block is a rarity for a single-level home, offering space for outdoor living, gardening, or future expansion without the maintenance burden of a multi-level design. The discrepancy between the 4-bed listing and 3-bed profile suggests a recent renovation or reconfiguration that may have added functional bedrooms or improved the layout, which could make this house more versatile than typical 1960s builds in the area. Its proximity to Port Sorell Primary School strengthens appeal for families, while the coastal, low-density character attracts downsizers and sea-changers seeking a quieter lifestyle. The presence of air conditioning and built-in robes adds practical comfort, making it a solid option for owner-occupiers prioritising space and convenience over modern finishes.
The value picture hinges on the extent and quality of any renovation, as the 1960 build and modest 118m² internal area may limit appeal to buyers seeking turn-key condition. The listing’s 4-bed configuration, if accurate, could justify a premium over the profile’s 3-bed record, but this discrepancy might also signal a need for verification of council approvals. The large land parcel offers potential for subdivision or extension, subject to planning checks, which could influence long-term value. Rental demand appears reasonable for family homes, given the school proximity, though the older structure and single-bathroom layout in the profile may temper investment interest. Buyers should weigh the property’s functional space against its age and confirm the true bedroom count before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Pitcairn Street, Port Sorell TAS 7307
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Port Sorell, a regional Tasmanian suburb, is positioned as a tightly held lifestyle market, with house prices around $750,000–$765,000 and annual growth above 21%. Demand is led by older buyers, many outright owners and childless couples, seeking low-maintenance rural-residential settings; rental demand supports a 4.2–4.4% gross yield. Sales volume is thin at roughly 45 houses annually, while the unit market is effectively inactive. Future growth hinges on regional infrastructure and continued lifestyle migration, but affordability is a clear constraint: median prices far outstrip local earning capacity, and 41% of mortgaged owners are exposed to rate shifts. Limited listings and low turnover will keep upward pressure on prices, but the shallow buyer pool and absence of unit supply cap the market’s depth.
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PropCred Estimated Value
Comparable Sales: 25 Pitcairn Street sold for $620,000 (3-bed, 867m², 1975 build) | Property Price Band: $550,000–$650,000 | Value Drivers: Land size, renovation quality, bedroom configuration
Bedrooms
3
Bathroom
2
Parking
1
Land
897m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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