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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 49 investment properties found in Sorrento on realestateinvestar.com.au

21 Tarakan St, Sorrento

$2,200,000

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Single-Level Coastal Living, Designed for Effortless Entertainin

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 generous block and featuring multiple alfresco options, designer finishes ...

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House

VIC 3943


200 Ocean Beach Rd, Sorrento

$1,900,000

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Federation Elegance. Coastal Luxury

Timeless period elegance meets contemporary family living in one of Sorrento's most exclusive hillside settings. Positioned on the edge of the village as it rises toward the ocean beach, this c.1899 Federation residence stands as a remarkable example of the area's rich heritage, thoughtfully ...

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House

VIC 3943


2 Park Rd, Sorrento

$5,200,000

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Brand New Architectural Presence With Coastal Calm

Brand new and superbly positioned within an easy 400 m walk of Sorrento village, this substantial coastal residence occupies a prized village-edge setting moments from both bay and ocean beaches and the centre of village life. Beyond private gates and landscaped grounds defined by ancient grass ...

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House

VIC 3943


14 Heather Ave, Sorrento

$1,300,000

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Seasta: Where coastal chic meets carefree modern living

Thoughtfully updated, this classic beach house balances relaxed coastal charm with modern comfort and effortless flow. White-washed ceilings with exposed beams and refined VJ wall panelling establish a timeless aesthetic, complemented by polished timber floors and expansive windows that draw ...

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House

VIC 3943


15 Parkside St, Sorrento

$2,800,000

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Poolside Family Living in a Prime Beachside Setting Inspect By P

Discover refined coastal living in this beautifully crafted beachside retreat, where timeless design meets relaxed seaside luxury. Nestled within lush, private gardens, this stunning single-level residence covering 785sqm approx. is centred around a fully tiled, heated in-ground pool and spa. ...

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VIC 3943


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