Powered by MOMENTUM MEDIA
Sorrento
AREA REPORTS

Sorrento

Sorrento - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3943

house
SORRENTO ranks 279th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 16.03% for the past year is lower than average compared to its 91.38% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in SORRENTO, the median home price is sitting at $1,665,000, and the average rent at $650, this suggests property owners could potentially earn a 2.03% increase in gross rental yield.

Property investors have seen a 11% gain in SORRENTO based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on SORRENTO, 3943 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 16.03%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.62% growth over a ten-year period. It ranks 333rd on our list of suburbs that property investors should look into.

Data report can be found below

Sorrento
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,665,000 N/A
GROWTH REPORT
Median Quarterly 11% N/A
Median 12 month 16.03% N/A
Median 3 years 28.08% N/A
Median 5 years 91.38% N/A
10 years average annual 7.62% N/A
Weekly media advert. rent $650 N/A
Time on Market 83.2 days N/A
Gross Rental Yield Percent 2.03% N/A
demographics (median values)
Total Population
1525
Weekly Household Income
813
Household Size
2.00
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

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