OFF MARKET

1 Arnott Street
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 1212m2
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Last updated 11 Nov 2024
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Property Details for 1 Arnott St, Sorrento

1 Arnott St, Sorrento is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1212m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Year Built
1985
Floor Size
110m2
Land Size
1212m2
Local Government
Mornington Peninsula
Lot/Plan
102/LP4612

Last Listing description (March 2017)

Located in this very tightly held precinct, is this older style, but appealing , basic 3 bedroom brick veneer beach house located on a magnificent, gently rising allotment of 1,212m2. Offering unlimited potential to redevelop or extend, the home comprises part open plan kitchen/dining /lounge with an open fire place, full bathroom, separate toilet, laundry, and front and rear verandahs . Nicely treed and very private. Within an easy walk of Diamond Bay and the superb coastal walking tracks, this a great opportunity to not only have enjoyment of the property, but invest for the future in such a gilt edged area.

Property History for 1 Arnott St, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$880,000
11 Dec 2016
  • 11 Dec 2016
    Sold for $880,000
  • 24 Nov 2016
    Listed for Sale Under Contract
  • 01 Jan 2003
    Transferred
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About Sorrento 3943

The size of Sorrento is approximately 7 square kilometres. It has 9 parks covering nearly 32% of total area. The population of Sorrento in 2011 was 1,447 people. By 2016 the population was 1,596 showing a population growth of 10.3% in the area during that time. The predominant age group in Sorrento is 60-69 years. Households in Sorrento are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sorrento work in a professional occupation. In 2011, 81.1% of the homes in Sorrento were owner-occupied compared with 82.2% in 2016.

Sorrento has 3,684 properties. Over the last 5 years, Houses in Sorrento have seen a 43.99% increase in median value, while Units have seen a 27.05% increase. As at 31 October 2024:

  • The median value for Houses in Sorrento is $1,927,085 while the median value for Units is $1,028,225.
  • Houses have a median rent of $725 while Units have a median rent of $638.
There are currently 12 properties listed for sale, and 1 property listed for rent in Sorrento on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Sorrento.

Suburb Insights for Sorrento 3943

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.