Suburb Profile
Sorell - FREE SUBURB PROFILE REPORT POSTAL CODE: TAS,7172
Property investors have seen a 1.08% 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 $375,000
Profits averaged 5.13% 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 $385 based on current median home prices for the suburb.
The gross rental yield in SORELL, 7172 is 5.34%.
An average of 5.83 real estate transactions take place per month in SORELL which translates to 70 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $375,000 | $267,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.08% | 3.68% |
| Median 12 month | 7.14% | -2.37% |
| Median 3 years | 15.38% | 10.31% |
| Median 5 years | 21.36% | 2.88% |
| 10 years average annual | 3.86% | 2.26% |
| Weekly media advert. rent | $385 | $332.5 |
| Time on Market | 80.9 days | 73.1 days |
| Gross Rental Yield Percent | 5.34% | 6.46% |
Capital Gains Tax (CGT) Calculator
Latest Hotspots
mortgage calculators
Latest Comments
This revision is very tardy. It is three...
It seems that the pendulum is now...
Sound very fair. Landlords still have no...