Sorell

POSTAL CODE: TAS, 7172
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Property investors have seen a 3.48% gain in SORELL based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SORELL, 7172 saw average growth in the long term.

The TAS suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $698,500

Profits averaged 1% per annum over a 3-year period, due to an upward trend in home prices in SORELL, 7172.

This means, real estate investors could earn a rental income of $567.5 based on current median home prices for the suburb.

The gross rental yield in SORELL, 7172 is 4.22%.

An average of 6.5 real estate transactions take place per month in SORELL which translates to 78 per annum.

Surburb overview

Sorell, a historic town situated approximately 26 kilometres east of Hobart, is a key hub in the south-eastern region of Tasmania. Known for its rich heritage, vibrant community, and strategic location, Sorell serves as a gateway to the Tasman Peninsula and the east coast.

The town has a population of around 3,000 residents. The demographic profile includes families, young professionals, and retirees, contributing to a diverse and dynamic community.

Sorell falls under the jurisdiction of the Sorell Council local government area. The council is committed to maintaining the town’s infrastructure and providing essential services. 

Public transportation in Sorell is well-developed, with regular bus services connecting the town to Hobart and other nearby areas. These services make commuting convenient for those who work or study in the city. The town's road infrastructure is also excellent, with the Tasman Highway providing easy access to Hobart and the surrounding regions.

The town has several schools, including Sorell School and St. George's School, catering to the educational needs of local families. These institutions provide quality education from kindergarten through to secondary levels, making Sorell an appealing choice for families with children.

The Sorell Shopping Plaza and nearby shopping centres offer a variety of retail stores, supermarkets, cafes, and restaurants, providing residents with easy access to daily necessities and leisure activities. Local markets and shops also offer fresh produce and locally made products, supporting the town’s economy.

Recreational activities are abundant in Sorell, particularly for those who enjoy outdoor pursuits. The town is surrounded by beautiful landscapes, including the scenic Orielton Lagoon, which is popular for birdwatching and nature walks. The nearby Sorell Rivulet and Pembroke Park provide further opportunities for outdoor activities such as picnicking, walking, and sports.

The town has several sports clubs and facilities, including football, cricket, and tennis clubs, which foster a strong sense of community and encourage an active lifestyle. The Sorell Memorial Hall and other community centres host various events and activities, enhancing the town’s vibrant social life.

Sorell’s combination of historic charm, modern amenities, and strong community ties makes it a desirable place to live. Its proximity to Hobart, excellent public services, and abundance of recreational opportunities offer residents a balanced and fulfilling lifestyle. The supportive local government and active community involvement ensure that Sorell remains a welcoming and enjoyable place to call home.

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