Property investors who have had real estate in Sorell, 7172 should be ok 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 8.38%
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.
Often selling an investment property can take time, and in Sorell the average time real estate has been on the market is 36.6571 days.
Sorell, 7172’s gross rental yield is 4.61%
Sorell has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 12.12% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Sorell comes in at number 10th in TAS.
Sorell, 7172’s gross rental yield is 4.65%
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Sorell, TAS – Rural charm keeps this suburb going
Median unit price: $336,000
Three-year growth: 21.1%
Rental yield: 5.4%
One of the oldest farming towns on the Apple Isle, the suburb of Sorell is a throwback to the simple, charming rural lifestyle while staying close to the comforts of the city.
Sorell is just a short distance from Hobart, but it is a world in itself. Surrounded by fields and farms, the suburb produces heralded varieties of stone fruit and berries art the Sorell Fruit Farm. The Orielton Lagoon houses local flora and fauna, and serves as a stop for shorebirds migrating across the world. The suburb also revels in its history, with buildings like St George’s Anglican church and the Sorell Barracks.