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Investment Property Sorell, TAS, 7172

Suburb Snapshot

Sorell is a suburb in the Sorell Region of Tasmania. Sorell has a population of 2,905 people and 23.39% of its occupants live in rental accommodation. The median listing price for houses is $675,000 and this has changed -1.10% over the past year and changed 0.44% over 2 years.

The median rent in Sorell for houses is $530 per week and the median rental yield is 4.08%. Stock on the market for houses/townhouses has changed 14.89% compared to last year and the average time to sell a house/townhouse is 110 days.The median listing price for units is $480,000 and this has changed 0.00% over the past year. The average unit takes 116 days to sell and the median rent for a unit in Sorell is $450 per week, producing a rental yield of 4.87%.

Supply & Demand in Sorell, Sorell

0.58%

Current vacancy rate


11

Rental stock available


2,905

Population


23.39%

Rental population


0.53%

Current vacancy rate


45

Rental stock available


14,414

Population


16.01%

Rental population


0.49%

Current vacancy rate


1,351

Rental stock available


509,956

Population


23.11%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Sorell, Sorell

  House Townhouses Units
Median listing price $675,000 NA $480,000
Median price change - last quarter 0.22% NA 0.00%
Median price change - 1 year -1.10% NA 0.00%
Median price change - 2 years 0.44% NA -3.81%
  House Townhouses Units
Median weekly rent $530 NA $450
Median yield % 4.08% NA 4.87%
Median rent change - 1 year 1.92% NA 2.27%
  House Units
Previous month sales 4 1
Stock on market previous month 54 7
Stock variance vs. last year 14.89% 133.33%
Average days on market 110 116

Sorell investment property listings

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