18 Newton Avenue

Sorrento VIC 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 3,688 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.