OFF MARKET

29/3374 Point Nepean Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 129m2
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Property Details for 29/3374 Point Nepean Rd, Sorrento

29/3374 Point Nepean Rd, Sorrento is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 129m2 and floor size of 135m2.

Building Type
Unit
Year Built
2003
Floor Size
135m2
Land Size
129m2
Local Government
Mornington Peninsula

Last Listing description (November 2015)

A modern, low maintenance retreat offering everything needed for that perfect beach getaway. This architecturally designed, coastal townhouse blends a beautiful balance of limestone and woodwork in a timeless fashion. It comprises two large bedrooms (master with private balcony), modern bathroom including bath, separate shower, stone vanity and separate toilet. The kitchen has European appliances with stone bench tops. Features gas log fire, private courtyard, access to resort style pool and spa together with two undercover car spaces. Townhouse 29 will be of interest to the astute investor with the potential for significant holiday rental returns.

Property History for 29/3374 Point Nepean Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
  • 02 Oct 2014
    Listed for Sale PRIVATE SALE $659,000
  • 19 Dec 2012
    Listed for Sale $709,000
  • 20 Sep 2012
    Listed for Sale Not Disclosed

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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.