TAS has seen average median house prices change by 8.73% which means that Port Sorell, 7307 has done well for property investors by showing a capital gain of 11.14% over the last year
Comparing Port Sorell,7307 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Port Sorell, 7307. Typically our figures indicate that -6.44% is being offered, which puts this TAS suburb at 1463th most discounted overall in Australia.
At number 2836 in a list of fastest selling suburbs, Port Sorell is in the bottom 30% of suburbs in Australia with an average of days on market 100.088 for properties listed there.
With the median price for a house in Port Sorell being $389000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 4.34%
With a capital gain of 15.32% for the last 12 months, Port Sorell, 7307 has performed for property investments than its average annual 6.20% property growth over the last 5 years.
Across a shorter period, Port Sorell, 7307 has seen a median price increase of 15.32% over the last quarter.
In the last year 11 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.