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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 $2,300,000 and this has changed 0.00% over the past year and changed 4.54% over 2 years.

The median rent in Sorrento for houses is $750 per week and the median rental yield is 1.69%. Stock on the market for houses/townhouses has changed 40.43% compared to last year and the average time to sell a house/townhouse is 144 days.The median listing price for units is $2,145,000 and this has changed NA over the past year. The average unit takes 61 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

0.38%

Current vacancy rate


12

Rental stock available


1,596

Population


3.31%

Rental population


0.65%

Current vacancy rate


623

Rental stock available


154,997

Population


14.32%

Rental population


0.87%

Current vacancy rate


26,641

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 $2,300,000 NA $2,145,000
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year 0.00% NA NA
Median price change - 2 years 4.54% NA NA
  House Townhouses Units
Median weekly rent $750 NA NA
Median yield % 1.69% NA NA
Median rent change - 1 year -16.67% NA NA
  House Units
Previous month sales 1 0
Stock on market previous month 66 10
Stock variance vs. last year 40.43% 25.00%
Average days on market 144 61

Sorrento investment property listings

Showing 5 of 48 investment properties found in Sorrento on realestateinvestar.com.au

3461 Point Nepean Rd, Sorrento

$2,995,000

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Ferndale Cottage Circa 1898

Well located to all Sorrento is famous for, this late Victorian 3-bedroom, 2-bathroom cottage retains its original character and charm while embracing modern living. Sitting on a generous 1405sqm* , thoroughly restored and creatively extended, the property provides views across the lake to ...

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VIC 3943


41 Westmore Ave, Sorrento

$1,900,000

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CHARMING SEASIDE COTTAGE ' FLEURBAIX' - STEPS TO TIDEWAYS BEACH

Awash in history and seaside charm in the most desirable beachside location, 'Fleurbaix' is an adorably modernised fisherman's cottage with self-contained guest house set amid fruit trees and vegetable gardens on 832m2 (approx). Positioned behind electronic gated entry, the weatherboard home has ...

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House

VIC 3943


2/8 Parkside St, Sorrento

$1,475,000

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Township Location with Approved Plans & Permits | 950 metres (ap

Located on a prized allotment within 10 minutes walking distance of Sorrento Village sits this comfortable 3 bedroom existing beach home presenting an opportunity to enjoy as a permanent home, weekender or take advantage of strong holiday or permanent rental returns. Featuring 3 bedrooms, 2 living ...

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House

VIC 3943


790 Melbourne Rd, Sorrento

$1,670,000

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SORRENTO CONVENIENCE & CHARM

*Ideal property for those looking for a development site. At this price you are able to move straight in and enjoy the existing home whilst you organise your plans and permits for your dream home (s.t.c.a) or rent it out whilst waiting to enjoy the returns. Nestled in a private setting, this ...

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House

VIC 3943


13/1 Hotham Rd, Sorrento

$1,600,000

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Beachfront Villa, Breathtaking Bay Views

With its front-row seat to the bay and breathtaking water views, this seaside apartment neighbouring the iconic Sorrento Hotel parades a glorious beachside opportunity for seachangers, holidaymakers or downsizers in footsteps to the beach and Sorrento's vibrant town centre. Beyond electronic gates ...

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Unit

VIC 3943


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