Over the last year, property investments in Sorell, 7172 have given investors a capital gain of 5.45%. This compares badly with the 11.36% for TAS as a whole.
A 18.34% growth in median value for property investors in Sorell,7172 puts this suburb at number 123th in terms of best performing suburbs in TAS
Property investors looking for a bargain in Sorell should be aiming for at least -4.97% off the asking price, which is the average vendor discount being achieved at the moment.
Sorell is 47th on a list of best yielding suburbs for rents in TAS with a 5.51% return
Sorell is an average performer in TAS when comparing median price capital growth over the last year. Sorell gave property investors a average capital gain figure when compared to the rest of the state, with 8.70%.
When looking at the potential capital gains offered to property investors over the last 3 years, Sorell comes in at number 31th in TAS.
Sorell, 7172 is offering TAS ‘s 26th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this TAS.
At number 179 in a list of fastest selling suburbs, Sorell is in the TOP 20% of suburbs in Australia with an average of days on market 45.11 for properties listed there.
Renters in Suburb are facing rents around $17680 per annum or $340 every week.