Giving property investors a a solid capital gain of 13.45% for the last year, Sorell, 7172 is the 700th highest performer in Australia in this respect.
A 14.41% growth in median value for property investors in Sorell,7172 puts this suburb at number 70th in terms of best performing suburbs in TAS
Our latest figures would indicate that property sellers in Sorell are currently offering property investors an average price cut of -5.13% below the asking price at the moment.
Renters in Suburb are facing rents around $4110 per annum or $342.5 every week.
Property investors who have had real estate in Sorell, 7172 should be pleased with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.29%
The five-year average increase in median property values for Sorell,7172 has given property investors a potential capital gain of 19.15% across each of those five years.
Property buyers and investors in Sorell 7172 should be seeing an average reduction in asking price of around -6.30% . This means that Sorell is holding prices well when compared to other suburbs in TAS.