Suburb Profile
More Recent Sold in Sorrento
| Address | Sold Date | Price |
|---|---|---|
| 2-4 Ozone Avenue, Sorrento VIC | Mar 2020 | $2,500,000 |
| 34 Ronald Avenue, Sorrento VIC | Mar 2020 | $1,200,000 |
| 4 Petrel Avenue, Sorrento VIC | Mar 2020 | $1,350,000 |
| 720 Melbourne Road, Sorrento VIC | Feb 2020 | $1,076,000 |
| 5 Rose Street, Sorrento VIC | Feb 2020 | $900,000 |
More Recent Rent in Sorrento
| Address | Rent Date | Price(per week) |
|---|---|---|
| 12 First Settlement Drive, Sorrento VIC | May 2020 | $680 |
| 721 Melbourne Road, Sorrento VIC | Apr 2020 | $850 |
| 724 Melbourne Road, Sorrento VIC | Apr 2020 | $750 |
| Address available on request, Sorrento VIC | Apr 2020 | $2,500 |
| 38 Boroondara road, Sorrento VIC | Apr 2020 | $2,000 |
Rent Yield in Sorrento
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $1,670,000 | $385 | 1.20% | $1,395,000 | $385 | 1.44% | 4 |
| 2 | $838,875 | $533 | 3.30% | $735,250 | $533 | 3.77% | 6 |
| 3 | $1,114,500 | $715 | 3.34% | $1,072,500 | $680 | 3.30% | 30 |
| 4 | $1,377,667 | $725 | 2.74% | $1,350,000 | $700 | 2.70% | 26 |
| 5 | $1,940,001 | $1,867 | 5.00% | $1,450,000 | $2,000 | 7.17% | 8 |
| 6 | $2,880,000 | - | - | $2,900,000 | - | - | 3 |
| 7 | $2,850,000 | - | - | $2,850,000 | - | - | 1 |
| House | |||||||
| 1 | $2,347,500 | - | - | $2,347,500 | - | - | 2 |
| 2 | $987,500 | - | - | $987,500 | - | - | 2 |
| 3 | $1,115,818 | $728 | 3.39% | $1,050,000 | $680 | 3.37% | 24 |
| 4 | $1,497,084 | $741 | 2.57% | $1,437,500 | $710 | 2.57% | 22 |
| 5 | $1,940,001 | $1,550 | 4.15% | $1,450,000 | $1,550 | 5.56% | 7 |
| 6 | $2,880,000 | - | - | $2,900,000 | - | - | 3 |
| 7 | $2,850,000 | - | - | $2,850,000 | - | - | 1 |
| Townhouse | |||||||
| 2 | $795,500 | - | - | $795,500 | - | - | 1 |
| Unit/apmt | |||||||
| 1 | $315,000 | $385 | 6.36% | $315,000 | $385 | 6.36% | 2 |
| 2 | - | $533 | - | - | $533 | - | 2 |
| 3 | - | $667 | - | - | $750 | - | 3 |
| 4 | - | $575 | - | - | $575 | - | 1 |
| Other | |||||||
| 4 | $1,350,000 | - | - | $1,350,000 | - | - | 1 |
| Unknown | |||||||
| 2 | $585,000 | - | - | $585,000 | - | - | 1 |
| 3 | $1,100,000 | $700 | 3.31% | $1,100,000 | $700 | 3.31% | 3 |
| 4 | $675,001 | - | - | $675,001 | - | - | 2 |
| 5 | - | $2,500 | - | - | $2,500 | - | 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: $1,410,000
- Median Unit Price: $874,500
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
- $1,455,000 Median Asking Price
- $550 Median Rent
- 0.02% Rent Yield
- 102 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 15%
Prentice Real Estate - Sorrento 13%
Buxton - Portsea Sorrento 9%
R T Edgar - Portsea 8%
Melbourne Sothebys International Realty - SORRENTO 7%
Fletchers - Mornington Peninsula 5%
Briggs Shaw - Blairgowrie 4%
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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