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Investment Property Sorrento, WA, 6020

Suburb Snapshot

Sorrento is a suburb in the Joondalup Region of Western Australia. Sorrento has a population of 7,340 people and 11.56% of its occupants live in rental accommodation. The median listing price for houses is $1,450,000 and this has changed 20.83% over the past year and changed 45.00% over 2 years.

The median rent in Sorrento for houses is $825 per week and the median rental yield is 2.95%. Stock on the market for houses/townhouses has changed -31.58% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $1,380,000 and this has changed NA over the past year. The average unit takes 130 days to sell and the median rent for a unit in Sorrento is $370 per week, producing a rental yield of 1.39%.

Supply & Demand in Sorrento, Joondalup

0.36%

Current vacancy rate


11

Rental stock available


7,340

Population


11.56%

Rental population


0.42%

Current vacancy rate


270

Rental stock available


154,445

Population


15.71%

Rental population


0.62%

Current vacancy rate


7,457

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Sorrento, Joondalup

  House Townhouses Units
Median listing price $1,450,000 NA $1,380,000
Median price change - last quarter 9.22% NA -30.66%
Median price change - 1 year 20.83% NA NA
Median price change - 2 years 45.00% NA NA
  House Townhouses Units
Median weekly rent $825 NA $370
Median yield % 2.95% NA 1.39%
Median rent change - 1 year 10.00% NA 0.00%
  House Units
Previous month sales 0 0
Stock on market previous month 39 9
Stock variance vs. last year -31.58% 80.00%
Average days on market 74 130

Sorrento investment property listings

Showing 5 of 45 investment properties found in Sorrento on realestateinvestar.com.au

6B Hamersley Rd, Sorrento

$1,080,000

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Family Home Right by the Beach!

* Current Offer $1,080,000 1 Registered Bidder * For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact the sales agent immediately to become qualified and avoid disappointment. Open to all buyers, ...

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Townhouse

WA 6020


8 Frobisher Ave, Sorrento

$1,800,000

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It is what it is, but you can create wealth!

Open by Appointment. If you are in the market for a development or opportunity for a dream home, this is it. There is no denying it; you will need to bring your imagination with you to see its potential, but it is there with location, views and lifestyle. Throw in a bit of future security in ...

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House

WA 6020


N/A, Sorrento

$1,499,000

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Location Location Location!

Don't miss out on this amazing opportunity to build your Dream home on this Rare block of land in Sorrento. Multiple plans are drawn so get in touch today to unlock your new home potential! If you are looking for the perfect home and land package, then look no further! At Plunkett Homes we offer ...

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House

WA 6020


210/130 West Coast Dr, Sorrento

$2,090,000

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Northern Light & Expansive Balcony

Ora offers residents premium beachfront living in the sought after coastal location of Sorrento. With 70% sold your chance to call Ora home is disappearing. Ora, Sorrento has been designed around the concept of 'barefoot luxury', with stunning resort-like amenity spaces, opulent materials and ...

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Unit

WA 6020


502/130 West Coast Dr, Sorrento

$4,650,000

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Wrap Around Coastal Views, Forever

Ora offers residents premium beachfront living in the sought after coastal location of Sorrento. With 70% sold your chance to call Ora home is disappearing. Inspiring, forever-views are standard with Ora's Cascade Collection, owing to the purposeful architectural design and considered layouts. ...

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Unit

WA 6020


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