Subscribe
SPI mobile logo
Powered by MOMENTUM MEDIA
SPI Logo
sign up
AREA REPORTS

Sorrento

 

 

Data/
VIC/
Sorrento

Suburb Profile

Sorrento - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3943

house
SORRENTO ranks 50th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.77% for the past year is lower than average compared to its 77.99% growth within a five-year period.

Also in SORRENTO, the median home price is sitting at $1,375,000, and the average rent at $550, this suggests property owners could potentially earn a 2.08% increase in gross rental yield.

Property investors have seen a 0% 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 7.22% growth over a ten-year period. It ranks 928th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,375,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 5.77% N/A
Median 3 years 60.07% N/A
Median 5 years 77.99% N/A
10 years average annual 7.22% N/A
Weekly media advert. rent $550 N/A
Time on Market 64.9 days N/A
Gross Rental Yield Percent 2.08% N/A
demographics (median values)
Total Population
1525
Weekly Household Income
813
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Property Market Update Report

POPULAR SUBURBS

Heavy clouds near house

The biggest mistakes first-time investors can make

No matter if you are a first-time investor or a veteran in the market, there are some aspects of investing that are universal to all. Thatâ€...

Aerial shot of property and Scott Morrison

How investors are reacting one week after the election

With the federal election making way for a Liberal win, property investors saw proposals to negative gearing taken out of the equation for t...

Perth

New lending changes predicted to boost WA market, investors

Proposed changes by the prudential regulator would have a great impact for Western Australia’s property market and investors in the market...

Aerial shot of property

Halving stamp duty is the only solution to housing affordability

Australians looking to move up the property ladder are being hindered by a population spending too long in the wrong-size homes. To have a m...

Helping hand

Why investors should seek help from professionals instead of flying solo

Nobody wants to be stressed out by juggling multiple commitments, particularly for property investors with properties that can stay with the...

Arjun Paliwal

How this investor built a 9-property portfolio in 4 years

Investor Arjun Paliwal was only 22 years old when he started building his property portfolio. Now at 26, he holds nine properties spread acr...

Website Notifications

admin panel image

Get notifications in real-time for staying up to date with content that matters to you.