OFF MARKET

16/1 Hotham Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: -
Car spaces: 1
Floor area: 80m2
Land area: 158m2
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Property Details for 16/1 Hotham Rd, Sorrento

16/1 Hotham Rd, Sorrento is a 2 bedroom, bathroom Unit with 1 parking spaces and was built in 1983. 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 February 1991.

Building Type
Unit
Year Built
1983
Floor Size
80m2
Land Size
158m2
Local Government
Mornington Peninsula
Lot/Plan
16/LP60506

Property History for 16/1 Hotham Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$210,000
16 Feb 1991
  • 16 Feb 1991
    Sold for $210,000
  • 09 Dec 1976
    Sold for $39,300

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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 3,685 properties. Over the last 5 years, Houses in Sorrento have seen a 46.10% increase in median value, while Units have seen a 45.36% increase. As at 30 September 2024:

  • The median value for Houses in Sorrento is $1,932,775 while the median value for Units is $1,065,199.
  • Houses have a median rent of $725 while Units have a median rent of $638.
There are currently 13 properties listed for sale, and 5 properties 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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