Suburb Profile
Sorrento - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3943
Sorrento - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3943
house
SORRENTO ranks 71st in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 5.69% for the past year is lower than average compared to its 78.08% growth within a five-year period.
Also in SORRENTO, the median home price is sitting at $1,300,000, and the average rent at $510, this suggests property owners could potentially earn a 2.04% increase in gross rental yield.
Property investors have seen a 2.97% gain in SORRENTO based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.36% growth over a ten-year period. It ranks 816th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,300,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.97% | N/A |
| Median 12 month | 5.69% | N/A |
| Median 3 years | 57.58% | N/A |
| Median 5 years | 78.08% | N/A |
| 10 years average annual | 7.36% | N/A |
| Weekly media advert. rent | $510 | N/A |
| Time on Market | 62.5 days | N/A |
| Gross Rental Yield Percent | 2.04% | N/A |
demographics (median values)
Total Population
1525
Weekly Household Income
813
Household Size
2.00
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Capital Gains Tax (CGT) Calculator
Sorrento, VIC
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