OFF MARKET

720 Melbourne Road
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 785m2
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Property Details for 720 Melbourne Rd, Sorrento

720 Melbourne Rd, Sorrento is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 785m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1940
Floor Size
123m2
Land Size
785m2
Local Government
Mornington Peninsula
Lot/Plan
29/LP12723

Last Listing description (February 2020)

Seize this prime opportunity to have your own piece of paradise, ideally located between the surf and the bay and close to Sorrento Sailing Club. This timeless, timber beach house showcases a bright, laid-back and functional interior via an open plan layout, loads of glass and Spotted Gum timber flooring throughout. Three spacious bedrooms including master with classic ensuite, lounge, combined family bathroom and laundry, extend freely from the entry hallway and main living zone, providing ample room to retreat, reflect and rejuvenate. The expansive, north-facing alfresco deck fringed by lush lawn and a sparkling, solar heated pool encourages easy, outdoor entertaining. In addition, the property hosts ducted heating, split-system airconditioning, an open fire place, open-entry showers, chic subway bathroom tiles, sash windows, large storage shed, solar power, awning, security alarm and a rear double carport accessed via Ralph Avenue.

Property History for 720 Melbourne Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,076,000
14 Feb 2020
  • 14 Feb 2020
    Sold for $1,076,000
  • 06 Feb 2020
    Listed for Sale Private Sale
  • 02 Oct 2015
    Sold for $820,000
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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.