Suburb Profile
More Recent Sold in Sorrento
| Address | Sold Date | Price |
|---|---|---|
| 5 Labuan Street, Sorrento VIC | Jul 2021 | $1,531,000 |
| 883 Melbourne Road, Sorrento VIC | Jun 2021 | $1,633,000 |
| 20 Normanby Road, Sorrento Vic | Jun 2021 | $2,855,000 |
| 687 Melbourne Road, Sorrento VIC | May 2021 | $2,000,000 |
| 11 Shirley Avenue, Sorrento VIC | May 2021 | $1,837,000 |
More Recent Rent in Sorrento
| Address | Rent Date | Price(per week) |
|---|---|---|
| 1/3251 Point Nepean Road, Sorrento VIC | Jun 2021 | $590 |
| 14 Arnott Street, Sorrento VIC | Jun 2021 | $625 |
| 47 Lady Nelson Drive, Sorrento VIC | Jun 2021 | $800 |
| 220 Ocean Beach Road, Sorrento VIC | May 2021 | $990 |
| 42 Canterbury Street, Sorrento VIC | May 2021 | $700 |
Rent Yield in Sorrento
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $407,500 | $375 | 4.79% | $407,500 | $375 | 4.79% | 3 |
| 2 | $695,000 | $533 | 3.99% | $695,000 | $525 | 3.93% | 9 |
| 3 | $1,295,000 | $718 | 2.88% | $1,200,000 | $630 | 2.73% | 16 |
| 4 | $1,800,000 | $947 | 2.74% | $1,800,000 | $800 | 2.31% | 22 |
| 5 | $1,710,000 | $1,433 | 4.36% | $1,710,000 | $1,500 | 4.56% | 5 |
| 6 | $3,990,000 | - | - | $3,990,000 | - | - | 1 |
| House | |||||||
| 2 | - | $540 | - | - | $600 | - | 3 |
| 3 | $1,460,833 | $701 | 2.50% | $1,300,000 | $628 | 2.51% | 14 |
| 4 | $1,800,000 | $947 | 2.74% | $1,800,000 | $800 | 2.31% | 22 |
| 5 | $1,710,000 | $1,433 | 4.36% | $1,710,000 | $1,500 | 4.56% | 5 |
| 6 | $3,990,000 | - | - | $3,990,000 | - | - | 1 |
| Unit/apmt | |||||||
| 1 | $315,000 | $375 | 6.19% | $315,000 | $375 | 6.19% | 2 |
| 2 | $695,000 | $517 | 3.87% | $695,000 | $500 | 3.74% | 4 |
| 3 | $300,000 | $850 | 14.73% | $300,000 | $850 | 14.73% | 2 |
| Townhouse | |||||||
| 1 | $500,000 | - | - | $500,000 | - | - | 1 |
| 2 | - | $590 | - | - | $590 | - | 1 |
| Unknown | |||||||
| 2 | - | $500 | - | - | $500 | - | 1 |
Schools in Sorrento
| School Name | School Sector | School Type |
|---|---|---|
| Sorrento Primary School | Government | Primary |
| St Joseph's Primary School | Independent | Primary |
Crime Rate of Mornington Peninsula
| Crime Type | Rate of MORNINGTON PENINSULA | Rate of VIC |
| Crime Against Property | 3,719 | 4,607 |
| Crime Against the Person | 732 | 940 |
| Drug Offences | 210 | 311 |
| Other Crime | 912 | 875 |
| Total | 5,573 | 6,733 |
Demographics of Sorrento
| PopulationSize | Sorrento | Melbourne |
| All People | 1384 | 3366613 |
| Country of Origin | Sorrento | Melbourne |
| Australian Born | 86% | 65% |
| Born Overseas - Top 5 | Sorrento | Melbourne |
| United Kingdom | 7% | 5% |
| New Zealand | 1% | 1% |
| Italy | 1% | 2% |
| Median household income | Sorrento | Melbourne |
| Weekly income | $892 | $1,333 |
| Age Statistics | Sorrento | Melbourne |
| 60+ | 44% | 17% |
| 40 to 59 | 25% | 28% |
| 20 to 39 | 16% | 33% |
| 5 to 19 | 12% | 14% |
| 0 to 4 | 3% | 7% |
| Family Statistics - Top 5 | Sorrento | Melbourne |
| Married | 57% | 51% |
| Never Married | 20% | 33% |
| Widowed | 13% | 6% |
| Divorced | 7% | 7% |
| Separated | 4% | 3% |
| Religion - Top 5 | Sorrento | Melbourne |
| Anglican | 34% | 16% |
| Catholic | 25% | 33% |
| No Religion | 21% | 19% |
| Presbyterian and Reformed | 9% | 3% |
| Uniting Church | 7% | 5% |
| Occupation - Top 5 | Sorrento | Melbourne |
| Associate Professional | 7% | 5% |
| Tradespersons and Related Workers | 5% | 6% |
| Professionals | 4% | 8% |
| Managers and Administrators | 3% | 4% |
| Intermediate Clerical/Sales/Service | 3% | 7% |
| Education - Top 5 | Sorrento | Melbourne |
| Not Attending (Working) | 85% | 73% |
| Infants/Primary | 6% | 9% |
| Secondary Education | 4% | 7% |
| Technical or Further Education | 2% | 3% |
| Other Education | 2% | 1% |
| Transport to Work - Top 5 | Sorrento | Melbourne |
| Car (driver) | 17% | 28% |
| Worked at home | 2% | 2% |
| Walked | 2% | 1% |
| Car (passenger) | 1% | 3% |
| Type of Dwelling - Top 3 | Sorrento | Melbourne |
| Separate house | 75% | 74% |
| Flat | 5% | 14% |
| Semi/Terrace | 2% | 8% |
| Nature of Occupancy - Top 3 | Sorrento | Melbourne |
| Fully Owned | 53% | 43% |
| Purchasing | 14% | 27% |
| Rented | 13% | 24% |
| Monthly Loan Repayment - Top 5 | Sorrento | Melbourne |
| $600-$799 | 30% | 21% |
| $1,500+ | 13% | 9% |
| $1,000-$1,199 | 13% | 13% |
Supply Demand History in Sorrento
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 115 | 4318 |
| 2015 May | 100 | 3715 |
| 2015 Jun | 86 | 2860 |
| 2015 Jul | 80 | 3151 |
| 2015 Aug | 72 | 2848 |
| 2015 Sep | 69 | 3446 |
| 2015 Oct | 76 | 4177 |
| 2015 Nov | 78 | 3914 |
| 2015 Dec | 89 | 4022 |
| 2016 Jan | 81 | 5788 |
| 2016 Feb | 79 | 4151 |
| 2016 Mar | 72 | 20556 |
| 2016 Apr | 71 | 9310 |
Based on Australian Bureau of Statistics data
Sorrento, VIC 3943
(61.54 km to CBD)
- Median House Price: $1,870,000
- Median Unit Price: $915,000
Surrounding Suburbs
Selected Demographics of Sorrento
- 3702 Number of House
- 495 Number of Unit
- 1384 Number of People
- 63 Median Age
- 2 Median Household Size
- $230 Weekly Rent
- $539 Weekly Individual Income
- $1,174 Weekly Family Income
- $892 Weekly Household Income
- $1,872,500 Median Asking Price
- $700 Median Rent
- 0.02% Rent Yield
- 152 Stock On Sale
- 0.28% Vacancy Rate
- 72 Average Supply
- 15736 Average Demand
- 218.99 Supply Demand Ratio
Leading Agencies (Sale)
Jellis Craig Bennison Mackinnon - SORRENTO 21%
Kay & Burton - Portsea 14%
Prentice Real Estate - Sorrento 13%
R T Edgar - Portsea 9%
Melbourne Sothebys International Realty - SORRENTO 8%
Buxton - Portsea Sorrento 8%
Fletchers - Mornington Peninsula 5%
Briggs Shaw - Blairgowrie 3%
Prentice Real Estate - Rye 3%
Hocking Stuart - Blairgowrie 2%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Kay & Burton - Portsea | 25% |
| Prentice Real Estate - Sorrento | 16% |
| R T Edgar - Portsea | 12% |
| Buxton - Portsea Sorrento | 12% |
| JP Dixon Real Estate - Portsea Sorrento | 10% |
| Briggs Shaw - Blairgowrie | 8% |
| Fletchers - Sorrento | 4% |
| Ray White - Rye | 3% |
| Hocking Stuart - Rye | 1% |
| Stockdale & Leggo - Rye | 1% |
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