Thinking about buying in Port Sorell? Now could not be a better time, with 1411 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,235,000 with prices in this suburb ranging from $17,000 to $175,802,000. Port Sorell is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Port Sorell Real Estate Market Outlook

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.

Houses for sale Port Sorell

	29a rice st, port sorell, tas, 7307	4	2	4	Offers Over $785,000
	unit 1, 1 ponsonby ct, port sorell, tas, 7307	2	1	1	Offers Over $449,000
	35 wilmot st, port sorell, tas, 7307				$255,000 - $275,000
	94a wilmot st, port sorell, tas, 7307	2	1	1	Offers Over $469,000
	51 gumbowie dr, port sorell, tas, 7307	7	4	5	$1,650,000
	168 parkers ford rd, port sorell, tas, 7307	5	2	3	Best Offer Over $1,299,000

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