18/234-238 Ocean Beach RoadSorrento VIC 3943
Property Details for 18/234-238 Ocean Beach Rd, Sorrento
18/234-238 Ocean Beach Rd, Sorrento is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2003. The property has a land size of 40m2.
Last Listing description (May 2017)
Here is your opportunity to have a slice of Sorrento without the huge price tag.
The location of this cute townhouse is the winner here less than 500mtrs to the main shopping hub and even less to the beautiful ocean beach. It is pint sized but has all the creature comforts from the contempory manhatten style loft for a master bedroom, a fully equipped galley kitchen and quaint courtyards both front and back. Features include split system heating/cooling and private communal BBQ area. With a constant rental income in excess of $30,000 pa this represents an excellent investment opportunity as well as your own seaside escape. Please call for an inspection.
Property History for 18/234-238 Ocean Beach Rd, Sorrento, VIC 3943
- 03 Jul 2014Listed for Sale $340,000
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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.
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