At number 1183th in the list of Australian suburbs ordered by increase in median house value over the last year, Sorell, 7172 is in the top 30% with a property value increase of 11.29% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Sorell comes in at number 84th in TAS.
Sorell, 7172 is offering TAS ‘s 140th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this TAS.
Residents and property investors in Sorell have been waiting around 64.62 days to sell a property.
Situated 22.03km from the CBD, Sorell is one of Sorell localities in the postcode 7172.
Sorell has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -7.00% to date .
Comparing Sorell,7172 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 22th of TAS’s most discounted properties, Sorell is in the middle of the state/territory when listing in order of most discounted to least.
At number 1272 in a list of fastest selling suburbs, Sorell is in the bottom 20% of suburbs in Australia with an average of days on market 112.66 for properties listed there.
Advertised rents are around the $280 mark per week – giving a return of 5.77% based on the median price in Suburb