SOLD
Sold on 05 Aug 2024 for $3,900,000

3123 Point Nepean Road
Sorrento VIC 3943

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 324m2
Land area: 1382m2
Sold By
Kay & Burton Portsea
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Property Details for 3123 Point Nepean Rd, Sorrento

3123 Point Nepean Rd, Sorrento is a 5 bedroom, 3 bathroom House and was built in 1980. The property has a land size of 1382m2 and floor size of 324m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Sorrento in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
324m2
Land Size
1382m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP40712

Last Listing description (August 2024)

Strikingly well reinvented to a modern paradise in the Palm Springs style, this passionately executed, super functional, classically Sorrento home, breathes new life with its outstanding architectural design, and absolutely breathtaking finishes.

Set behind picturesque stands of beautiful local Moonah trees with plentiful off street parking, in a very special seaside location opposite the uber social Sorrento Sailing Couta Boat Club and exclusive Tideways Beach at Sullivan Bay. Take an easy walk along the beach to Sorrento Village or the close by vibey general stores.

With abundant flexibly zoned living, bedroom and bathroom accommodation for extended family and stay over friends, other features include swimming pool, spa and wellness sauna. Otherwise, this property provides a perfectly private luxury retreat for total rest, relaxation and recreation.

Property History for 3123 Point Nepean Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$3,900,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $3,900,000
  • 08 Jun 2024
    Listed for Sale SOLD: Undisclosed
  • 26 Feb 2024
    Listed for Sale Offers Invited
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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 3,686 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, 104 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.