796 Melbourne RoadSorrento VIC 3943
Property Details for 796 Melbourne Rd, Sorrento
796 Melbourne Rd, Sorrento is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 699m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (February 2015)
Ideally located is this timber residence only a short walk from the vibrant Sorrento village. Set on a magnificent north facing allotment the house sits proudly looking over the backyard and is bathed in natural light. Comprising 2 bedrooms, 1 bathroom, separate laundry, kitchen/dining/lounge that flows onto the rear entertaining deck. A great weekender or investment property, or take advantage of the existing plans and permits to build your dream house in the heart of Sorrento.
Property History for 796 Melbourne Rd, Sorrento, VIC 3943
- 29 Jan 2015Sold for $555,000
- 27 Dec 2014Listed for Sale $585,000
- 05 Aug 2001Sold for $250,000
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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.
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