OFF MARKET

27/3374 Point Nepean Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 112m2
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Last updated 2 Sep 2024
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Property Details for 27/3374 Point Nepean Rd, Sorrento

27/3374 Point Nepean Rd, Sorrento is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 112m2 and floor size of 94m2.

Building Type
Unit
Year Built
2007
Floor Size
94m2
Land Size
112m2
Local Government
Mornington Peninsula

Last Listing description (August 2023)

Ideal location below the main street of Sorrento, adjacent to the Bay beach and ferry terminal. Two bedroom apartment with downstairs open plan kitchen, living and dining area and European laundry. The well equipped kitchen has granite bench tops and Smeg appliances and timber floors throughout. Upstairs comprises of two bedrooms and bathroom. The main bedroom has a private balcony and the complex offers an indoor heated pool and spa. Featuring reverse cycle air conditioning, security system, intercom entry and secure car parking. 12 month lease.

Property History for 27/3374 Point Nepean Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Listed for Rent
$650/w
28 Dec 2022
  • 22 Aug 2023
    Listed for Rent $500 / week
  • 20 Dec 2022
    Listed for Rent - Price not available
  • 29 Jul 2022
    Listed for Rent - Price not available
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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 3,694 properties. Over the last 5 years, Houses in Sorrento have seen a 55.39% increase in median value, while Units have seen a 45.56% increase. As at 31 July 2024:

  • The median value for Houses in Sorrento is $1,977,570 while the median value for Units is $1,069,804.
  • Houses have a median rent of $698 while Units have a median rent of $638.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Sorrento on OnTheHouse. According to CoreLogic's data, 113 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.