Over the last year, property investments in Sorell, 7172 have given investors a capital gain of 9.38%. This compares averagely with the 7.14% for TAS as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sorell has increased when compared to the 5 year average annual rate.
Sorell, 7172 is offering TAS ‘s 145th 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.
Investment property in Sorell has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.00%
Sorell7172 is located in TAS which offers an average discount of -5.24% to property investors. Sorell itself is showing figures that indicate -4.53% is the average achievable by property buyers investing in the suburb.
Sorell is 22th on a list of best yielding suburbs for rents in TAS with a 5.78% return