Sorell is in Sorell LGA, TAS, postcode 7172, with population 3,597.
The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.
Gross yield screens at about 5.1%. Transport coverage adds a practical access signal.
Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.
Owners with a mortgage repay a median of $1,517/mo, while renters pay about $2,817/mo — renting runs $1,300/mo higher on these medians.
Located in Tasmania within the Sorell local government area, Sorell is a smaller residential area (postcode 7172). The area has roughly 3,597 residents and an established demographic, with a median age of 41. Households earn a median income of $68K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are clerical & administrative, professionals, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Sorell is $668,000, having eased back by 2.5% over the past year. Units have a median price of $511,000 (-1.3% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,517.
Sorell is served by 1 school, including 1 combined. The average ICSEA score is 924, which is below the national average of 1,000. Public transport access includes 1 rail station, 6 bus stops.
Looking at the investment signals, Sorell shows a gross rental yield of approximately 5.1%, rated as high yield. Property prices are near the state median ($668K/$750K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved -2.5% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
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Sorell carries enough direct local evidence for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Direct state price coverage is used where present; missing house or unit anchors fall back to annual ABS SA2 matches
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Sorell is in the Sorell Local Government Area, TAS, postcode 7172. Council-level context for Sorell LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The current median house price in Sorell, TAS is $668K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
The median weekly rent in Sorell is $650/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
Income-stretched rent market: Weekly rent screens at about 60% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Sorell show: High Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.