VIC/
Sorrento

Suburb Profile

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

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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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