OFF MARKET

3 First Settlement Drive
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 130m2
Land area: 948m2
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Property Details for 3 First Settlement Dr, Sorrento

3 First Settlement Dr, Sorrento is a 3 bedroom, 2 bathroom House and was built in 1990. The property has a land size of 948m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2003.

Building Type
House
Year Built
1990
Floor Size
130m2
Land Size
948m2
Local Government
Mornington Peninsula
Lot/Plan
26/PS407150

Last Listing description (April 2021)

This lovely bright and airy fully furnished home is perfect for permanent living or your very own weekender. Accommodation comprises 3 fully carpeted bedrooms all with BIR's, Master bedroom has ensuite and there is a centrally located bathroom for the other 2 bedrooms. The open plan kitchen-meals/living area has lovely polished floorboards, a solid fuel heater and split air conditioning, sliding doors opening onto a quiet and north facing outdoor entertaining area as well as a second south deck to escape the sun on those sizzling summer days. With plenty of glass windows, you have the pleasure of natural light all year round, highlighted with the warmth of the wood-burning fire during the winter months, creating a beautiful cozy atmosphere. There is a single lock-up garage, established garden, fully fenced rear yard, all located in the quiet surrounds of "Settlers Cove" and just moments to the Sorrento Sailing Couta Club, Bay beach, and main street shopping mecca.
A 12 Month Lease is available from 27/04/2021

Property History for 3 First Settlement Dr, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$465,000
01 Feb 2003
Listed for Rent
$550/w
16 Apr 2021
  • 09 Apr 2021
    Listed for Rent $550 / week
  • 14 Jun 2019
    Listed for Rent - Price not available
  • 04 Oct 2018
    Listed for Rent $550 / week
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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 3,685 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, 102 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.