Property investors who have had real estate in Sorell, 7172 should be relatively 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 10.83%
If we look at median property appreciation over just the last three months, Sorell has given property investors a paper return of 0.76%. This puts Suburb as 88 on a list of fastest fasting appreciating suburbs in TAS
Property investors looking for a bargain in Sorell should be aiming for at least -5.32% off the asking price, which is the average vendor discount being achieved at the moment.
Sorell is in the TOP 20% in TAS when comparing median price capital growth over the last year. Sorell gave property investors a very good capital gain figure when compared to the rest of the state, with 16.67%.
Sorell,7172 has offered an average of 16.67% return per annum in house price rises to property investors over the last three years.
At number 14th of TAS’s most discounted properties, Sorell is in the bottom 40% of the state/territory when listing in order of most discounted to least.
In the last year 26 properties changed hands in Sorell, which puts it as the 20th most active market in TAS when comparing the number of sales per suburb.
The TAS suburb of Sorell, 7172 is in the Sorell local government area.