7/234-238 Ocean Beach RoadSorrento VIC 3943
Property Details for 7/234-238 Ocean Beach Rd, Sorrento
7/234-238 Ocean Beach Rd, Sorrento is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 40m2 and floor size of 53m2.
Last Listing description (July 2018)
Located just a few minutes walk to Sorento s beach one way and the other to the town shopping center and cafes/restaurants, this one bedroom unit brings a great lifestyle for retirement, or your holidays and investment unit. With down stairs living, kitchen, bathroom and a large bedroom upstairs, this is a wonderfull opportunity for an investment that gives an excellent return plus giving you pleasure for your own beach holidays. The property is in a group of units with a reception and are sought after in summer months.
Don t miss this investment opportunity that gives you a great location for your holidays and pays for itself.
Property History for 7/234-238 Ocean Beach Rd, Sorrento, VIC 3943
- 28 Mar 2018Listed for Sale $305,000
- 15 Dec 2016Listed for Sale Brenda Ngan 0435 152 545
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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 3,686 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.
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