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Suburb Insights ยท TAS 7140

Sorell Creek 7140, Tasmania

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Sorell Creek is a regional centre in Tasmania, Australia, with a population of approximately 95, making it a boutique locality. Located approximately 20 km from the Hobart CBD, Sorell Creek is a regional area in Tasmania. The median household income is $55,224 AUD per year (ABS 2021 Census).

Investment Score

33 / 100 Weak

Sorell Creek's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Sorell Creek, Tasmania, Australia.

Key Indicators

Postcode
7140

Official Australia Post postcode for Sorell Creek. A postcode may cover multiple suburbs.

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Population
95

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$350/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$55,224/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
20 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,534/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
89% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Sorell Creek serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,534/month. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Sorell Creek requires careful assessment of local economic resilience.

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Rental Yield

Sorell Creek can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Limited buyer depth in Sorell Creek makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Sorell Creek property

Full Property Analysis

30-year projections for Sorell Creek

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Sorell Creek faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Sorell Creek is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Sorell Creek is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Sorell Creek a good suburb for investment?

Sorell Creek is a regional area in Tasmania with a population of 95. The median rent is $350/week and the median household income is $55,224/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Sorell Creek?

Key demand drivers in Sorell Creek include regional employment hubs, lifestyle, and affordability. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Sorell Creek?

According to the ABS 2021 Census, Sorell Creek has a population of approximately 95. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Sorell Creek from the Hobart CBD?

Sorell Creek is approximately 20 km straight-line distance from the Hobart CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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