Thinking about buying in Sorell Creek? Now could not be a better time, with just 47 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $426,000 with prices in this suburb ranging from $275,000 to $1,237,000. The aproximate distance to the coast is 23 Km.
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Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Sorell Creek is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Sorell Creek provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Sorell Creek necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
1279 LYELL HWY, SORELL CREEK, TAS, 7140 | Offers over $290,000 |
Molesworth Primary School
(While the above schools are located with the suburb of Sorell Creek there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.2 | 5.4 | 15.2 | 52.9 | 95.4 | 8.6 | 21.9 |
Feb | 2.5 | 4.4 | 12.8 | 61.3 | 97.6 | 8.3 | 17.2 |
Mar | 3.1 | 4.6 | 11.8 | 65.3 | 97.1 | 8.0 | 12.4 |
Apr | 2.4 | 1.9 | 8.4 | 67.9 | 98.4 | 10.8 | 9.2 |
May | 3.8 | 1.1 | 6.3 | 69.9 | 96.0 | 10.7 | 5.9 |
Jun | 6.0 | -0.1 | 4.5 | 72.4 | 97.7 | 9.8 | 5.2 |
Jul | 1.6 | -1.4 | 3.0 | 75.2 | 98.4 | 10.0 | 6.1 |
Aug | 1.2 | -1.7 | 2.9 | 77.7 | 97.7 | 9.4 | 8.4 |
Sept | 3.8 | -0.8 | 5.1 | 74.1 | 98.1 | 9 | 11.4 |
Oct | 1.8 | 1.0 | 9.1 | 56.1 | 96.3 | 9.2 | 17.8 |
Nov | 4.8 | 1.7 | 9.8 | 66.0 | 97.0 | 9.4 | 18.7 |
Dec | 3.1 | 3.9 | 12.9 | 56.7 | 95.9 | 9.2 | 21.4 |
source: Australian Government Bureau of Meteorology
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