OFF MARKET

4/1 Hotham Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
Land area: 170m2
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Last updated 11 Nov 2024
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Property Details for 4/1 Hotham Rd, Sorrento

4/1 Hotham Rd, Sorrento is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 170m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Floor Size
85m2
Land Size
170m2
Local Government
Mornington Peninsula
Lot/Plan
4/LP60506

Last Listing description (August 2023)

Ideally located in the heart of Sorrento, this secure 2 bedroom, 2 bathroom cliff-top apartment enjoys never-ending spectacular bay views. Fully furnished, the living area features flatscreen TV and opens onto balcony with outdoor setting. Kitchen features dishwasher, while the main bedroom has queen size bed and ensuite, second bedroom has single bed plus access to second bathroom. Fully furnished with parking available for 2 cars. Available from 4th June, 2020.

Inspections are by private appointment only.

Property History for 4/1 Hotham Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,150,000
04 Mar 2014
Listed for Rent
$580/w
28 Oct 2021
  • 22 Aug 2023
    Listed for Rent $490 / week
  • 20 Oct 2021
    Listed for Rent $565 / week
  • 20 Aug 2020
    Listed for Rent $490 / 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.