Giving property investors a a stable capital gain of 7.34% for the last year, Sorell, 7172 is the 1186th highest performer in Australia in this respect.
Comparing Sorell,7172 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Sorell are currently offering property investors an average price cut of -7.55% below the asking price at the moment.
At number 2035 in a list of fastest selling suburbs, Sorell is just in the top half of suburbs in Australia with an average of days on market 69 for properties listed there.
Property investors should expect to get $410 weekly from the median priced house in this suburb.
Sorell, 7172 ranked 24th in TAS when comparing growth in median property values or capital gain over the last 12 months. Sorell is one of 606 in our list for TAS
When looking at the potential capital gains offered to property investors over the last 3 years, Sorell comes in at number 36th in TAS.
Vendor discounting in Sorell is giving property investors an average Vendor Discount of around -5.68%. This puts suburb at number 14th in TAS when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Situated 22.01km from the CBD, Sorell is one of Sorell (M) localities in the postcode 7172.