At number 1858th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Sorell, 7307 is in the top half with a property value increase of 6.25% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Port Sorell has increased when compared to the 5 year average annual rate.
Vendor discounting in Port Sorell is giving property investors an average Vendor Discount of around -6.38%. This puts suburb at number 83th in TAS when ranking the most discounted suburbs.
Residents and property investors in Port Sorell have been waiting around 120.97 days to sell a property.
Property investors should expect to get $280 weekly from the median priced house in this suburb.