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 4.5% and has experienced a 12-month capital growth of Up 11.5%, with a median house buy price of $725,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$545,000
$690,000
$747,000
$725,000
Suburb Market Profile
Last month Sorell had 12 properties available for rent and 24 properties for sale. Median property prices over the last year range from $725,000 for houses to $540,000 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 4.5% and units rent for $490 PW with a rental yield of 5.0%. Sorell has seen an annual compound growth rate of 11.5% for houses and 10.2% for units.