Units 1 & 2/7 Fairmont Lane

Sorell TAS 7172

The size of Sorell is approximately 22 square kilometres. It has 8 parks covering nearly 3.4% of total area. The population of Sorell in 2011 was 2,475 people. By 2016 the population was 2,923 showing a population growth of 18.1% in the area during that time. The predominant age group in Sorell is 0-9 years. Households in Sorell are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sorell work in a clerical occupation. In 2011, 71.9% of the homes in Sorell were owner-occupied compared with 71.1% in 2016.

Sorell has 2,310 properties. Over the last 5 years, Houses in Sorell have seen a 49.84% increase in median value, while Units have seen a 49.39% increase. As at 31 October 2024:

• The median value for Houses in Sorell is $644,349 while the median value for Units is $474,365.
• Houses have a median rent of $520 while Units have a median rent of $440.