Sorell Council, TAS

The Sorell Council property market consists of several different property types. These property types include residential properties, commercial properties, industrial properties and retail properties. It is said that any type of real estate can be found here.

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The council has taken on many new initiatives to help with the booming property market. These include the introduction of housing affordability policies to help lower income earners, and shifting focus away from commercial properties and towards residential properties.

The property market in Sorell has been steadily rising over the years. This is due to interest from Victorians who are looking to regions such as Tasmania as potential places to move to, with many hoping that the TAS Property Market is going to become a hotspot of affordable homes. The Sorell Council can cater for the needs of this interstate interest.

If your favourite feature is outdoor living space, then you will find a lot of properties matching this criteria in this LGA. Find out more by inspecting the data below.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Sorell Council, TAS

What other property markets are there near Sorell Council, TAS?

Sorell Council is surrounded by 4 other council areas – Tasman, Glamorgan-Spring Bay, Southern Midlands, Clarence City.

How many people live in Sorell Council, TAS?

There are approximately 14000 people living in Sorell in roughly 7000 dwellings with an average 2.4 people per household.

What are current and planned infrastructure projects in Sorell Council, TAS?

Tasmanian Company Hazell Bros Group is starting work on a new bypass which will link the Tasman and Arthur Highways and help traffic be directed efficiently and smoothly. It will help lessen the pressure on Sorell’s town centre. The project known as the South East Traffic Solution is a key part of the $350 million Hobart to Sorell Corridor Package, funded by the Australian and Tasmanian governments.

What major retailers are there in Sorell Council, TAS?

Among the main retailers there are Woolworths, Coles Supermarkets, Riteway supermarkets, Sorell Plaza Shopping Centre, Sorell Department Sore, Gateway Shopping centre, Sorell Country Fresh Market.

What is the main industry in Sorell Council, TAS?

Goods-related industries currently account for about 43% of Sorell’s workforce and the percentage has been steadily decreasing over the last 10 years.

What are the dominant demographic groups in Sorell Council, TAS?

Among approximately 14000 people in Sorell (M) (Local Government Areas) males and femails make up to about 49% and 51% respectively. The median age of people in Sorell (M) (Local Government Areas) is 42 years.

How is unemployment rate trading in Sorell Council, TAS?

The unemployment rate in Sorell Council area was 5.4% in the 2021 June quarter.

Suburbs/localities in this Local Government Area: Carlton River 7173, Connellys Marsh 7173, Copping 7174, Dodges Ferry 7173, Dunalley 7177, Forcett 7173, Kellevie 7176, Lewisham 7173, Marion Bay 7175, Midway Point 7171, Nugent 7172, Pawleena 7172, Penna 7171, Primrose Sands 7173, Sorell 7172, Boomer Bay 7177, Bream Creek 7175, Wattle Hill 7172, Carlton 7173

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