OFF MARKET

42 Park Road
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 1118m2
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Last updated 11 Nov 2024
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Property Details for 42 Park Rd, Sorrento

42 Park Rd, Sorrento is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1118m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Floor Size
118m2
Land Size
1118m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP40543

Last Listing description (October 2007)

DOWN TO EARTH
A little bit of country in the heart of Sorrento. Only 2 streets from Ocean Beach Road and the Township, this perfectly presented single level property offers an opportunity to revamp a well built home in a charming, good old fashioned Sorrento location. Approx 1118sqm.

Property History for 42 Park Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$2,240,000
09 Nov 2021
  • 09 Nov 2021
    Sold for $2,240,000
  • 26 Oct 2007
    Sold for $700,000
  • 18 Sep 2007
    Listed for Sale Not Disclosed

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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.