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Real Estate Market: Is Sorell Creek TAS 7140 a Good Suburb to Buy Into?

Housing Market in Sorell Creek
Key Sorell Creek Metrics & Forecast to 2028
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Sources: Property Listings and Microburbs, 2006 - 2023
Field Value VS Hobart Trend
Capital Growth Forecast: Houses
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Capital Growth Forecast: Houses (2-Year Outlook)
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Median yield for houses
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Smart median rent: All houses
$561 Bottom 44% 87% to Dec 2025
Smart median sale price: All houses
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Housing Supply in Sorell Creek
Sorell Creek Real Estate Investor Report
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The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
Field Value VS Hobart Trend
Development applications
0 Bottom 38% Data for Jun 2025
Developments
2.6 Top 44% Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)
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Days on market: houses
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Volume of houses sold in the last 30 days
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Stock on Market
0 Bottom 27% Data for Dec 2025
Housing Stock Quality in Sorell Creek
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Field Value VS Hobart Trend
Houses
100.0% Top 31% Data for Jan 2021
Average bedrooms - all homes
2.4 Bottom 42% 14% to Jan 2021
NBN connection: fibreoptic cable to node
0.0% Bottom 37% Data for Jun 2023
Development Restrictions in Sorell Creek
Sorell Creek Zoning Map
Sample Graphic
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Field Value VS Hobart Trend
Risk in Sorell Creek
Sorell Creek Risk Report
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The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Field Value VS Hobart Trend
% Owner Occupied
100.0% Top 11% Data for May 2023
% Rentals
0.0% Bottom 11% Data for May 2023
Housing Affordability Index
35 Top 41% Data for Jun 2023
Median monthly mortgage
$1,370 Bottom 22% 11% to May 2023
Rent Affordability Index (Houses)
73 Bottom 23% Data for Jun 2023
Rent Affordability Index (Units)
67 Bottom 14% Data for Jun 2023
Mortgage as a percent of income
33.2% Top 10% 2% to Jan 2021
Mortgaged Dwellings
42.0% Top 40% 4% to May 2023
Housing Demand in Sorell Creek
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Field Value VS Hobart Trend
Net internal migration (LGA)
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Net overseas migration (LGA)
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Historical Population (SA3)
58700 Bottom 44% 16% to Dec 2023
Historical population growth
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Population (LGA)
10800 Bottom 45% 15% to Dec 2030
Population Projection (LGA)
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Proportion of distressed listings
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LGA Details (1)
Median House Sale Prices by Street (1)
Percent of Renters by Street (2)
Turnover Rate by Street (1)
Recently Sold Houses (21)
Recent Rental Unit Listings (100)
Recent Rental House Listings (100)
Recently Sold Units (100)
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