OFF MARKET

36 Morobe Street
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 697m2
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Property Details for 36 Morobe St, Sorrento

36 Morobe St, Sorrento is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 697m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2012.

Building Type
House
Floor Size
92m2
Land Size
697m2
Local Government
Mornington Peninsula
Lot/Plan
122/LP20557

Last Listing description (June 2012)

THE SHACK WITH THE BLUE WATER BAY VIEW!
WELL THEY DON'T COME MUCH MORE ORIGINAL THAN 36 MOROBE STREET WHEN IT COMES TO RUSTIC SORRENTO BEACH HOUSES AND THEY CERTAINLY DON'T COME WITH BLUE WATER BAY VIEWS LIKE THESE! HERE'S YOUR LAND VALUE OPPORTUNITY TO SECURE A SPECIAL ALLOTMENT AND POSITION IN SORRENTO WITH THAT ULTRA RARE COMMODITY OF BAY VIEWS, AT A VERY AFFORDABLE LEVEL. THE HOUSE, WITH SOME TLC COULD DELIVER THE SIMPLE HOLIDAY PLEASURES OF DAYS GONE BY ONCE MORE - HOWEVER THE TRUE POTENTIAL LIES IN REDEVELOPING TO CAPITALIZE ON THE BLUE WATER BAY VISTAS. THE SHACK WITH VIEW IS JUST 675M TO THE BAY BEACH, 250M TO THE KOONYA GENERAL STORE AND 811M TO THE KOONYA BEACH WALKING PATH... SO WHAT ARE YOU WAITING FOR?

Property History for 36 Morobe St, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$595,000
03 May 2012
  • 03 May 2012
    Sold for $595,000
  • 16 Jan 2012
    Listed for Sale MID $600'S BUYERS
  • 27 Sep 2010
    Listed for Sale P.O.A.

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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.