OFF MARKET

5/16 Constitution Hill Road
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 1668m2
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Property Details for 5/16 Constitution Hill Rd, Sorrento

5/16 Constitution Hill Rd, Sorrento is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 1668m2 and floor size of 126m2.

Building Type
Unit
Year Built
1990
Floor Size
126m2
Land Size
1668m2
Local Government
Mornington Peninsula
Lot/Plan
5/SP26874

Last Listing description (May 2016)

A rare opportunity has arisen to acquire this superb, single level abode with breathtaking bay views in a boutique apartment complex of five on a large, landscaped site. Perfectly positioned, opposite the iconic Continental Hotel and within footsteps of the shops, cafes and beach, coastal living has never been easier. The inviting interior layout includes three spacious bedrooms (two with built in robes), contemporary bathroom, laundry and open plan kitchen, dining and living overlooking a soothing, sun-dappled garden. Outdoors, an elevated terrace for entertaining, takes advantage of the glorious, turquoise sea views. The expansive, stunning bay vista is simply transfixing. Whilst bursting with potential, this comfortable property asks only for a surface makeover for modern living. Extras include, carport for two cars, additional undercover car parking, storage room, split system heating/air conditioning and side gate street access. Properties of this calibre are hard to come by.

Property History for 5/16 Constitution Hill Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
  • 22 Jul 2015
    Listed for Sale PRIVATE SALE $1,150,000
  • 20 Apr 2007
    Listed for Sale 770000
  • 19 Dec 1992
    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.