OFF MARKET

27-29 Ivanhoe Street
Sorrento VIC 3943

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 284m2
Land area: 1763m2
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Last updated 11 Nov 2024
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Property Details for 27-29 Ivanhoe St, Sorrento

27-29 Ivanhoe St, Sorrento is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1978. The property has a land size of 1763m2 and floor size of 284m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1978
Floor Size
284m2
Land Size
1763m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP75564

Last Listing description (January 2019)

Auction Location: 27-29 Ivanhoe Street, Sorrento VIC 3943.
Situated on a superb 1770 sqm parkland allotment within an easy five minute stroll of Diamond Bay beach, this substantial and older style residence offers outstanding sweeping views across the surrounding area, the shipping channel, and beyond. With the rugged coastal park and it s amazing walking tracks almost at your back door, this structurally sound north- facing property offers an excellent opportunity to renovate and enjoy, and then reap the rewards in the future. The home includes an open plan kitchen/dining/living/ sunroom area with extensive glazing and a full width balcony, a large rumpus room, 4 bedrooms and a small study, en-suite to master plus 2 other showers and toilets, an external lift, a 4 car lock up garage, and a lined in-ground pool. Privacy is a big feature in this ocean side retreat which is a must to inspect.

Property History for 27-29 Ivanhoe St, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$2,365,000
27 Oct 2018
  • 27 Oct 2018
    Sold for $2,365,000
  • 17 Sep 2018
    Listed for Sale UNDER CONTRACT

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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 3,684 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, 101 properties were sold in the past 12 months in Sorrento.

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