OFF MARKET

9/234-238 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 40m2
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Property Details for 9/234-238 Ocean Beach Rd, Sorrento

9/234-238 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.

Building Type
Unit
Year Built
2003
Land Size
40m2
Local Government
Mornington Peninsula

Last Listing description (April 2023)

Capture the soothing serenity of an affordable idyllic beach getaway in the area's most coveted street, located mere steps away from Sorrento's rugged ocean beach and famous shopping strip. Take a stroll and explore nearby fine dining delicacies, meander through chic boutiques for some retail therapy or head to the golf course for a relaxing day on the green - your perfect seaside retreat awaits! Nestled in a tranquil setting and bathed with natural light, this entry level Sorrento sanctuary offers the perfect space for relaxed living. The ground floor boasts an open-plan kitchen/living area with quality electric appliances and soft close draws. Take your pick to wind down - relax amongst leafy outlooks under the mezzanine bedroom or retreat into one of two alfresco areas where birdsong mixes with the sound of ocean waves below...it doesn't get much better than that. Make this prime location your gateway to a profitable Peninsula paradise and enjoy it as a popular holiday rental or a peaceful escape just moments from the best of the Peninsula's world-class attractions, including day spas, surf and bay beaches and wineries. Either way, an excellent opportunity with plenty of growth potential for the savvy buyer. Proudly marketed by Crowders Real Estate.

Property History for 9/234-238 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
  • 10 Mar 2023
    Listed for Sale $620,000-$650,000
  • 11 Dec 2012
    Listed for Sale $357,500.00

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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.