OFF MARKET

40 Tarakan Street
Sorrento VIC 3943

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 231m2
Land area: 784m2
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Property Details for 40 Tarakan St, Sorrento

40 Tarakan St, Sorrento is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 784m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
House
Year Built
2000
Floor Size
231m2
Land Size
784m2
Local Government
Mornington Peninsula
Lot/Plan
5/LP20557

Last Listing description (November 2012)

Follow The Sun
A joyous celebration of light, space and effortless coastal style, this impeccable four bedroom weatherboard beach house set on a low maintenance 784sqm allotment (approximately) is enviably positioned at the narrowest point of the Peninsula within walking distance of both the back beach and the bay. Suffused with abundant natural light by dramatic feature windows set high under a soaring void, 'Melaleucanfeatures seamlessly interconnected living and dining zones beautifully complemented by an additional second floor master retreat flanked by twin decks where you can relax in style as you follow the sun. Minutes' walk from the Koonya General Store for your holiday provisions, this is the ultimate investment in luxurious weekend escapes or a superb permanent home. Other features include central heating, reverse cycle air conditioners, automated watering system and monitored alarm system.

Property History for 40 Tarakan St, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$975,000
17 Oct 2012
  • 17 Oct 2012
    Sold for $975,000
  • 22 Sep 2012
    Listed for Sale $995,000
  • 25 Jan 1992
    Sold for $131,000
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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 3,684 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, 101 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.