This property is Off Market
With an average age of 53, households expect an average monthly mortgage payment of $1,712 or a weekly rent payment of $320. The average family earns a weekly income of $1,861 with a typical household size of 2.6 and a 92.77% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Port Sorell due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Port Sorell classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Port Sorell requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 5%)
Port Sorell a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Tasmania State average 45 / 100
34 / 100
41 / 100
37 / 100
40 / 100
48 / 100
40 / 100
66 / 100
65 / 100
40 / 100
38 / 100
Incidents Trend State Average
St Patrick's Catholic SchoolLatrobe, TAS, 7307 Independent Prep-6
Andrews Creek Primary SchoolWesley Vale, TAS, 7307 State K-6
East Devonport Primary SchoolEast Devonport, TAS, 7310 State K-6
Port Sorell Primary SchoolPort Sorell, TAS, 7307 State K-6
Geneva Christian CollegeLatrobe, TAS, 7307 Independent Prep-12
Devonport Primary SchoolDevonport, TAS, 7310 State K-6
Our Lady of Lourdes Catholic SchoolDevonport, TAS, 7310 Independent Prep-6
Reece High SchoolDevonport, TAS, 7310 State 7-12
Latrobe Primary SchoolLatrobe, TAS, 7307 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.