OFF MARKET

1 Park Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 98m2
Land area: 749m2
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Last updated 11 Nov 2024
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Property Details for 1 Park Rd, Sorrento

1 Park Rd, Sorrento is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 749m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 1996.

Building Type
Unit
Year Built
1980
Floor Size
98m2
Land Size
749m2
Local Government
Mornington Peninsula
Lot/Plan
1/SP29572

Last Listing description (October 2024)

Tucked just moments from Sorrento's vibrant Main Street and all its amenities, this private two-bedroom home sits on a spacious corner block. Inside, you'll find a bright and airy open-plan kitchen and living area, enhanced by polished timber floorboards throughout. The living room features a split system for heating and cooling, ensuring year-round comfort. The home offers a generously sized bathroom with a bath and toilet plus a separate additional toilet for extra convenience, and a well-equipped laundry. Both bedrooms include built-in robes for convenient storage.
Outside, the property boasts a large double lock-up garage, a carport, and low-maintenance gardens, all within a fully fenced front and back yard-perfect for privacy and relaxation.

Property History for 1 Park Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$100,000
03 Jan 1996
Listed for Rent
$600/w
14 Oct 2024
  • 13 Oct 2024
    Listed for Rent $600 / week
  • 16 Jul 2020
    Listed for Rent - Price not available
  • 12 Apr 2019
    Listed for Rent - Price not available
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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 3,686 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, 104 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.