Sorrento, VIC 3943
Compare Part of Mornington Peninsula
61.54 km
Distance from Melbourne CBD
2 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $715,000 | 0.0% | $355,000 | $3,000,000 | 89 |
| 2010 | $855,000 | +16.4% | $265,000 | $5,125,000 | 134 |
| 2011 | $880,000 | +2.8% | $322,600 | $7,100,000 | 107 |
| 2012 | $750,000 | -17.3% | $500,000 | $2,250,000 | 80 |
| 2013 | $772,500 | +2.9% | $450,000 | $4,500,000 | 104 |
| 2014 | $810,000 | +4.6% | $447,500 | $4,200,000 | 128 |
| 2015 | $918,000 | +11.8% | $516,000 | $3,625,000 | 122 |
| 2016 | $1,135,000 | +19.1% | $470,000 | $7,580,000 | 109 |
| 2017 | $1,350,000 | +15.9% | $620,000 | $3,850,000 | 101 |
| 2018 | $1,380,000 | +2.2% | $760,000 | $3,860,000 | 103 |
| 2019 | $1,440,000 | +4.2% | $815,000 | $9,600,000 | 107 |
| 2020 | $1,585,000 | +9.1% | $891,000 | $4,800,000 | 126 |
| 2021 | $2,230,000 | +28.9% | $1,374,000 | $6,255,000 | 119 |
| 2022 | $2,370,000 | +5.9% | $1,390,000 | $7,403,000 | 83 |
| 2023 | $2,100,000 | -12.9% | $1,100,000 | $7,500,000 | 85 |
| 2024 | $2,050,000 | -2.4% | $1,020,000 | $8,150,000 | 94 |
| 2025 | - | - | - | - | - |
Median Sale Price
$2.05M
Based on 93 recorded sales within the last 12 months
Updated on 7 Jan 2025
Suburb Growth
-2.4%
Current Median Price: $2,050,000
Previous Median Price: $2,100,000
Based on 178 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $370 | 0.0% | $200 | $3,000 | 34 |
| 2012 | $450 | +17.8% | $295 | $950 | 21 |
| 2013 | $450 | 0.0% | $230 | $2,500 | 57 |
| 2014 | $420 | -7.1% | $240 | $2,300 | 71 |
| 2015 | $495 | +15.2% | $270 | $4,000 | 47 |
| 2016 | $460 | -7.6% | $300 | $2,383 | 39 |
| 2017 | $550 | +16.4% | $310 | $9,500 | 44 |
| 2018 | $550 | 0.0% | $250 | $3,000 | 39 |
| 2019 | $520 | -5.8% | $280 | $990 | 39 |
| 2020 | $720 | +27.8% | $360 | $2,500 | 26 |
| 2021 | $800 | +10.0% | $550 | $1,500 | 28 |
| 2022 | $950 | +15.8% | $480 | $2,200 | 36 |
| 2023 | $800 | -18.8% | $450 | $2,500 | 57 |
| 2024 | $750 | -6.7% | $445 | $2,650 | 50 |
| 2025 | - | - | - | - | - |
Median Rent Price
$750
per week
Based on 50 recorded rent within the last 12 months
Updated on 7 Jan 2025
Rent Price Growth
-6.7%
Current Median Rent: $750
Previous Median Rent: $800
Based on 107 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $2,050,000
Current Median rent: $750
Based on 143 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Sorrento
Houses sold in Last 12 months ends 4 Jan 2025
$0M
Median Sale Price
40%
Clearance Rate
2/5
Sold/Reported
$0M
Highest Sale Price
Schools closest to Sorrento, VIC 3943
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's Primary School | CONSTITUTION HILL RDSORRENTO 3943 | Primary | Catholic | 0.13 km |
| Sorrento Primary School | KERFERD AVENUESorrento 3943 | Primary | Government | 0.28 km |