SOLD
Sold on 04 Sep 2024 for $2,725,000

24/3 Esplanade
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 7036m2
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Property Details for 24/3 Esplanade, Sorrento

24/3 Esplanade, Sorrento is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 7036m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Sorrento in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
126m2
Land Size
7036m2
Local Government
Mornington Peninsula
Lot/Plan
46/PS426574

Property History for 24/3 Esplanade, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$2,725,000
04 Sep 2024
  • 04 Sep 2024
    Sold for $2,725,000
  • 08 Nov 2003
    Listed for Sale Not Disclosed
  • 29 Oct 1999
    Sold for $1,000

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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 3,687 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.

Suburb Insights for Sorrento 3943

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.