If you compare the increase in value of investment property in Port Sorell, 7307 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was 1.89%.
While Port Sorell,7307 ranked number 138th in TAS for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
Our latest figures would indicate that property sellers in Port Sorell are currently offering property investors an average price cut of -5.60% below the asking price at the moment.
In the last year 48 properties changed hands in Port Sorell, which puts it as the 61th most active market in TAS when comparing the number of sales per suburb.
Situated 200.96km from the CBD, Port Sorell is one of Latrobe localities in the postcode 7307.