Located in an enviable and highly sought after blue-chip Sorrento locale is this incredibly rare, and level vacant allotment within easy walking distance to all things Sorrento.
A mere 150 metres (approx.) direct walk to Sorrento bay beach, 250 metres (approx.) to Sorrento Village and 600 metres (approx.) to Sorrento Pier, this ‘ready to build your dream home’ (STCA) is one of those opportunities that presents once in a lifetime.
With East to West orientation, the property boasts a 41.8m North facing boundary providing the basis for a house design to be flooded with Natural light. Don’t miss this incredible opportunity to secure a piece of blue-ship Sorrento.
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 3,687 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:
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