SOLD
Sold on 05 Jun 2024 for $1,500,000

13/1 Hotham Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 158m2
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Marshall White Sorrento
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Property Details for 13/1 Hotham Rd, Sorrento

13/1 Hotham Rd, Sorrento is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1964. The property has a land size of 158m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Sorrento in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
80m2
Land Size
158m2
Local Government
Mornington Peninsula
Lot/Plan
13/LP60506

Last Listing description (June 2024)

With its front-row seat to the bay and breathtaking water views, this seaside apartment neighbouring the iconic Sorrento Hotel parades a glorious beachside opportunity for seachangers, holidaymakers or downsizers in footsteps to the beach and Sorrento's vibrant town centre.

Beyond electronic gates with keypad entry in the exclusive 'Raffles Court' complex, the first level unit features north-facing open-concept living and dining with solid timber floors and walls of windows framing Port Phillip Bay and the coastline to the Dandenong Ranges. Opening out to a private terrace, the setting invites a cosy morning cup of coffee as the yachts bob on the bay below and the Queenscliff ferry glides by.

A tidy kitchen is complemented by a stainless-steel Bellissimo oven, electric cooktop and a Fisher & Paykel dishwasher, providing all the essentials for home cooking in between exploring nearby restaurants and boutiques lining Ocean Beach Road, which is just 350m away.

The master bedroom enjoys its own stunning water views, while a second bedroom, two-way bathroom, panel heating and double carport are among the inclusions.

An easy walk to art galleries, day spas, cafes, bakeries and takeaways, along with all essential services, moments to the golf course and yachting facilities and a short drive to hot springs, surf breaks and wineries, the property would thrive on the holiday-rental market.

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Property History for 13/1 Hotham Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,500,000
05 Jun 2024
  • 05 Jun 2024
    Sold for $1,500,000
  • 20 Mar 2024
    Listed for Sale $1,500,000
  • 01 Mar 1977
    Sold for $40,500

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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 3,687 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:

  • 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, 106 properties were sold in the past 12 months in Sorrento.

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