Suburb Profile

Supply Demand History in Sorrento

MonthSupplyDemand
2015 Apr1154318
2015 May1003715
2015 Jun862860
2015 Jul803151
2015 Aug722848
2015 Sep693446
2015 Oct764177
2015 Nov783914
2015 Dec894022
2016 Jan815788
2016 Feb794151
2016 Mar7220556
2016 Apr719310

More Recent Sold in Sorrento

Address Sold Price
23 Salonika Street 5 $2,700,000
20 Queens Road 1 $1,700,000
21 George Street 3 $2,100,000
50 Lady Nelson Drive 4 $2,535,000
14B Hill Street 0 $740,000

More Recent Rent in Sorrento

Address Price/Week
24 Shirley Avenue 4 $995
12 Denby Avenue 3 $550
44 Lady Nelson Drive 4 $1,250
52 Bowen Road 3 $550
5 Queens Road 4 $795

Rent Yield in Sorrento

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
2-$650--$650-2
3$1,911,364$7622.07%$1,775,000$7352.15%16
4$3,298,167$9331.47%$2,775,000$9901.86%14
5$3,512,500$6951.03%$3,512,500$6951.03%3
6$3,990,000--$3,990,000--1
7$8,650,000--$8,650,000--1
House
2-$725--$725-1
3$1,896,250$7502.06%$2,037,500$7501.91%6
4$2,524,500$8731.80%$2,524,500$8731.80%4
5-$695--$695-1
6$3,990,000--$3,990,000--1
Other
3$2,145,000--$2,145,000--1
Unknown
2-$575--$575-1
3$1,882,500$7702.13%$1,635,000$7352.34%9
4$3,685,000$9531.34%$2,775,000$9901.86%10
5$3,512,500--$3,512,500--2
7$8,650,000--$8,650,000--1

Demographics of Sorrento

PopulationSizeSorrentoMelbourne
All People13843366613
Country of OriginSorrentoMelbourne
Australian Born86%65%
Born Overseas - Top 5SorrentoMelbourne
United Kingdom7%5%
New Zealand1%1%
Italy1%2%
Median household incomeSorrentoMelbourne
Weekly income$892$1,333
Age StatisticsSorrentoMelbourne
60+44%17%
40 to 5925%28%
20 to 3916%33%
5 to 1912%14%
0 to 43%7%
Family Statistics - Top 5SorrentoMelbourne
Married57%51%
Never Married20%33%
Widowed13%6%
Divorced7%7%
Separated4%3%
Religion - Top 5SorrentoMelbourne
Anglican34%16%
Catholic25%33%
No Religion21%19%
Presbyterian and Reformed9%3%
Uniting Church7%5%
Occupation - Top 5SorrentoMelbourne
Associate Professional7%5%
Tradespersons and Related Workers5%6%
Professionals4%8%
Managers and Administrators3%4%
Intermediate Clerical/Sales/Service3%7%
Education - Top 5SorrentoMelbourne
Not Attending (Working)85%73%
Infants/Primary6%9%
Secondary Education4%7%
Technical or Further Education2%3%
Other Education2%1%
Transport to Work - Top 5SorrentoMelbourne
Car (driver)17%28%
Worked at home2%2%
Walked2%1%
Car (passenger)1%3%
Type of Dwelling - Top 3SorrentoMelbourne
Separate house75%74%
Flat5%14%
Semi/Terrace2%8%
Nature of Occupancy - Top 3SorrentoMelbourne
Fully Owned53%43%
Purchasing14%27%
Rented13%24%
Monthly Loan Repayment - Top 5SorrentoMelbourne
$600-$79930%21%
$1,500+13%9%
$1,000-$1,19913%13%

Crime Rate of Mornington Peninsula

Crime TypeRate of MORNINGTON PENINSULARate of VIC
Crime Against Property3,7194,607
Crime Against the Person732940
Drug Offences210311
Other Crime912875
Total5,5736,733
Note: Sorrento belongs to city Mornington Peninsula. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Sorrento, VIC 3943 (61.54 km to CBD)

Median House Price

$2,520,000

Median Unit Price

$2,245,000

Surrounding Suburbs

Selected Demographics of Sorrento

  • 3702 Number of House
  • 495 Number of Unit
  • 1384 Number of People
  • 63 Median Age
  • 2 Median Household Size
  • $230 Weekly Rent
  • $539 Weekly Individual Income
  • $1,174 Weekly Family Income
  • $892 Weekly Household Income
  • $2,520,000 Median Asking Price
  • $975 Median Rent
  • 0.02% Rent Yield
  • 106 Stock On Sale
  • 0.28% Vacancy Rate
  • 72 Average Supply
  • 15736 Average Demand
  • 218.99 Supply Demand Ratio

Schools in Sorrento

School NameSchool SectorSchool Type
Sorrento Primary SchoolGovernmentPrimary
St Joseph's Primary SchoolIndependentPrimary

Leading Agencies (Sale)

Jellis Craig Bennison Mackinnon - SORRENTO 22%

Kay & Burton - Portsea 14%
Prentice Real Estate - Sorrento 13%
R T Edgar - Portsea 10%
Melbourne Sothebys International Realty - SORRENTO 9%
Buxton - Portsea Sorrento 7%
Fletchers - Mornington Peninsula 5%
Briggs Shaw - Blairgowrie 3%
Prentice Real Estate - Rye 2%
Hocking Stuart - Blairgowrie 2%

Leading Agents (Rent)

Agent NamePercentage
Kay & Burton - Portsea25%
Prentice Real Estate - Sorrento16%
R T Edgar - Portsea12%
Buxton - Portsea Sorrento12%
JP Dixon Real Estate - Portsea Sorrento10%
Briggs Shaw - Blairgowrie8%
Fletchers - Sorrento4%
Ray White - Rye3%
Hocking Stuart - Rye1%
Stockdale & Leggo - Rye1%