OFF MARKET

5/61 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 40m2
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Property Details for 5/61 Ocean Beach Rd, Sorrento

5/61 Ocean Beach Rd, Sorrento is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 40m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
2015
Land Size
40m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS725321

Last Listing description (February 2020)

A unique opportunity for coastal living located on the crest of Ocean Beach Road in the heart of Sorrento. Designed by Wolveridge Architects and setting a benchmark for luxury and quality finishes, this near new apartment completed in early 2016 is situated at the rear of the block and being one of only six residences in the Collins Quarters development, features include 1 good sized bedroom with built-in robe, central bathroom, large living space with private balcony, 1 car park & lift access to Ocean Beach Road, Caesarstone benchtops, blackbutt timber floors, Miele kitchen appliances. Walk to everything Sorrento has to offer at your front door - shops, cafes, restaurants, Hotel Sorrento and front and back beaches!NB. This property is unfurnished & has 1 undercover carpark

Property History for 5/61 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$495,000
21 Jan 2016
Listed for Rent
$385/w
21 Jan 2020
  • 20 Jan 2020
    Listed for Rent - Price not available
  • 21 Jan 2016
    Sold for $495,000
  • 11 Dec 2014
    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 3,694 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.

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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.