SOLD
Sold on 27 Jan 2024 for $1,810,000

8/1 Hotham Road
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 169m2
Sold By
Buxton Sorrento / Blairgowrie
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Property Details for 8/1 Hotham Rd, Sorrento

8/1 Hotham Rd, Sorrento is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 169m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Sorrento in the last 12 months.

Building Type
House
Year Built
1983
Floor Size
80m2
Land Size
169m2
Local Government
Mornington Peninsula
Lot/Plan
8/LP60506

Last Listing description (January 2024)

Uncover the essence of Sorrento's waterfront from this unique two bedroom apartment, where every day offers a breathtaking, ever-changing panorama of Port Phillip Bay and the surrounding coast. Elevated in the secure and tightly held 'Raffles Court', this exclusive apartment boasts unrivalled access to an unparalleled lifestyle.

Charming 60s architecture has been updated with modern touches, promoting easy living through a free-flowing open-plan layout, where a northern wall of glass fully immerses you in the stunning landscape even while indoors. An adjoining kitchen is entirely functional for now and lends appeal for renovation, whilst both bedrooms are generously sized, including the main with inspired water outlooks. Step onto the private balcony and take in the vast expanse of the bay stretching out before you, or head downstairs to the shoreline for a refreshing dip on warmer days.

Complete with electric heating, near new carpets, new blinds and parking for two beyond auto gates (including a single carport), this exceptional retreat is an idyllic haven for those seeking the ultimate in premium low-maintenance living. Begin your day with a stroll along the foreshore, take in the invigorating sea breeze, head into town for some shopping, or grab a coffee at one of the multiple cafes and discover the first-class dining options at your fingertips. Here, paradise is yours to explore.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 8/1 Hotham Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,810,000
27 Jan 2024
  • 27 Jan 2024
    Sold for $1,810,000
  • 28 Dec 2023
    Listed for Sale Auction Sat 27th Jan at 11am (Unless Sold Prior)
  • 01 Feb 1989
    Sold for $280,000
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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 3,694 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.