SOLD
Sold on 26 Sep 2023 for $1,750,000

38 Morobe Street
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 188m2
Land area: 697m2
Sold By
Adam Vocale
Jellis Craig Sorrento
Emil Foller
Jellis Craig Sorrento
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Property Details for 38 Morobe St, Sorrento

38 Morobe St, Sorrento is a 3 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 697m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Sorrento in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
188m2
Land Size
697m2
Local Government
Mornington Peninsula
Lot/Plan
123/LP20557

Last Listing description (December 2023)

Set in a commanding position above a canopy of Tea Trees, on the narrowest part of the Peninsula between Koonya ocean beach and the foreshore, is this unique coastal retreat complete with spectacular regional and Port Phillip Bay vistas. Designed for comfort and practicality whilst maintaining mid-century aesthetic the property boasts, a striking exterior of fibre cement panels with timber battens, skillion roofline, extensive glazing, feature plywood clad walls, floorboards and a fluid interior with spacious, high-ceilinged rooms. Indoor and outdoor spaces merge seamlessly with multiple French and sliding doors ensuring natural light, openness and entertaining with ease. Geared for large family living, the floorplan comprises an open plan kitchen, dining and lounge, four bedrooms including lower level double bunk room, two bathrooms, expansive second living, laundry, balcony with panoramic views and paved alfresco terrace. Extras: ducted heating, native garden, carport and parking bay.

Property History for 38 Morobe St, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,750,000
26 Sep 2023
  • 26 Sep 2023
    Sold for $1,750,000
  • 18 May 2023
    Listed for Sale Contact Agent
  • 11 Aug 2022
    Transferred
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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.