Free full calculator →
Suburb Insights · TAS 7140

Sorell Creek, TAS 7140 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Hobart
Sorell Creek
Tasmania · 7140
20 km from Hobart CBD
View on Google Maps ↗

Key Indicators

Postcode
7140

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

Australia Post Postcode Finder →
Population
95

Usual resident population at the most recent census.

Median weekly rent
$350/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$55,224/yr

Annual median household income (before tax) across all households.

Distance to CBD
20 km

Straight-line distance from the suburb centroid 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.

Find schools near Sorell Creek on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,534/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
89% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Sorell Creek is a smaller community of 95 — about 2% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Sorell Creek's median household income of $55,224/year is 25% below the Tasmania suburb median ($73,944) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $350 equates to $1,517/month — about 99% of the median mortgage repayment of $1,534/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 20 km from Hobart places Sorell Creek in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Sorell Creek vs Tasmania Median

How Sorell Creek stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Sorell Creek sits above the state median; negative means below.

MetricSorell CreekTAS medianΔ vs state
Population953,902-98%
Median household income$55,224/yr$73,944/yr-25%
Median rent (weekly)$350$320+9%
Median mortgage (monthly)$1,534$1,378+11%
Distance to CBD20 km24 km-17%
Separate houses89%80%+9pp

Investor Checklist

Pre-inspection briefing for Sorell Creek — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 95 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

Rental Yield

Strong rental coverage: $350/week (~$1,517/month) covers 99% of the $1,534/month median mortgage repayment, so the shortfall sits at just $17/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 89% houses in a 95-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Sorell Creek property

Full Property Analysis

30-year projections for Sorell Creek

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Sorell Creek are modest for 2026 — incomes 25% below the TAS median of $73,944 and a population of 95 suggest gains will lag headline metro markets. Rental coverage runs at ~99% of the typical mortgage ($1,517/month rent vs $1,534/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 33/100 places Sorell Creek in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Sorell Creek

Lived in Sorell Creek? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Sorell Creek a good suburb for investment?

Sorell Creek scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 95, median household income of $55,224/year and median weekly rent of $350. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Sorell Creek?

The main demand drivers in Sorell Creek are proximity to Hobart (20 km), a median household income of $55,224/year, a dwelling mix that is 89% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Sorell Creek?

Sorell Creek has a usual resident population of approximately 95, compared with a Tasmania suburb median of 3,902 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Sorell Creek from the Hobart CBD?

Sorell Creek sits 20 km straight-line from the Hobart CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Sorell Creek?

The most recent census recorded a median weekly rent of $350 in Sorell Creek, equating to approximately $18,200/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Sorell Creek?

The median monthly mortgage repayment in Sorell Creek is $1,534, or approximately $18,408/year (vs $1,378/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Sorell Creek cash-flow positive for investors?

A median weekly rent of $350 works out to $1,517/month, covering 99% of the median mortgage repayment of $1,534/month. That leaves a $17/month shortfall (around $204/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Sorell Creek?

The main risks are a thin buyer pool (95 residents), interest-rate sensitivity on the $1,534 median mortgage, below-median household incomes ($55,224 vs $73,944 state median), the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Sorell Creek profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Tasmania Property Resources