SORELL 7172
State: TASPosiProp AI Investment Summary
SORELL (TAS 7172) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 7.4%, with a median house buy price of $730,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$545,000
$715,000
$787,500
$730,000
Suburb Market Profile
Last month Sorell had 10 properties available for rent and 22 properties for sale. Median property prices over the last year range from $730,000 for houses to $610,000 for units. If you are looking for an investment property, consider houses in Sorell rent out for $670 PW with an annual rental yield of 4.6% and units rent for $525 PW with a rental yield of 4.9%. Sorell has seen an annual compound growth rate of 7.4% for houses and 18.5% for units.
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