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Investment Property Sorrento, VIC, 3943

Suburb Snapshot

Sorrento is a suburb in the Mornington Peninsula Region of Victoria. Sorrento has a population of 1,596 people and 3.31% of its occupants live in rental accommodation. The median listing price for houses is $1,800,000 and this has changed -21.74% over the past year and changed -21.06% over 2 years.

The median rent in Sorrento for houses is $695 per week and the median rental yield is 2.00%. Stock on the market for houses/townhouses has changed -24.59% compared to last year and the average time to sell a house/townhouse is 118 days.The median listing price for units is $2,117,500 and this has changed -1.29% over the past year. The average unit takes 357 days to sell and the median rent for a unit in Sorrento is NA per week, producing a rental yield of NA.

Supply & Demand in Sorrento, Mornington Peninsula

0.73%

Current vacancy rate


23

Rental stock available


1,596

Population


3.31%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Sorrento, Mornington Peninsula

  House Townhouses Units
Median listing price $1,800,000 NA $2,117,500
Median price change - last quarter -2.71% NA -1.30%
Median price change - 1 year -21.74% NA -1.29%
Median price change - 2 years -21.06% NA NA
  House Townhouses Units
Median weekly rent $695 NA NA
Median yield % 2.00% NA NA
Median rent change - 1 year -7.34% NA NA
  House Units
Previous month sales 6 1
Stock on market previous month 46 13
Stock variance vs. last year -24.59% 18.18%
Average days on market 118 357

Sorrento investment property listings

Showing 5 of 50 investment properties found in Sorrento on realestateinvestar.com.au

35 Erlandsen Ave, Sorrento

$2,650,000

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Relaxed Coastal Luxury in a Premier Sorrento Cul-de-Sac

Quietly positioned at the end of a tightly held cul-de-sac and set amongst beautifully landscaped gardens, this expansive single-level residence delivers effortless coastal living on a generous 1,028 sqm (approx) allotment. Recently refreshed and bathed in natural northern light, the home unfolds ...

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VIC 3943


21 Tarakan St, Sorrento

$2,380,000

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Single-Level Coastal Living, Designed for Effortless Entertainin

Expressions of Interest Closing Tuesday 19th May at 2pm (Unless Sold Prior) Positioned on the Peninsula's narrowest stretch, this expansive single level residence occupies a tightly held Sorrento setting defined by space, privacy and effortless proximity to both bay and ocean beaches. Sitting on a ...

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VIC 3943


22 George St, Sorrento

$3,100,000

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Ultimate Family Flexibility in a Spacious Sorrento Sanctuary

Set in a prized Sorrento location, 22 George Street presents an exceptional opportunity to secure a substantial multi-generational residence on a 1086 sqm approx land parcel, just moments from everything this premier coastal township has to offer. Designed with flexibility and space in mind, this ...

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VIC 3943


29 Normanby Rd, Sorrento

$4,250,000

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Laid-back luxury on a grand scale

Perfectly located between the village and spectacular back beach, this architecturally designed, Nordic retreat captures the relaxed sophistication synonymous with the area. On an impressive scale, across two considered levels, each space unfolds with ease. Sunlight filters through high clerestory ...

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VIC 3943


4 Forrest Ave, SORRENTO

$2,500,000

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Sorrento Back Beach Retreat Living.

A private and beautifully appointed coastal residence, this luxurious home captures sweeping views towards the back-beach dunes while offering a superb lifestyle moments from both the bay and ocean. Light-filled, refined and thoughtfully designed, it is a sanctuary crafted for those seeking ...

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VIC 3943


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