Market snapshot

Suburb insights for Sorrento3943

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Sorrento is located 62 km south of the CBD. Sorrento is a popular holiday and tourist destination at the tip of the Mornington Peninsula. The suburb is primarily residential in nature with some commercial areas. Sorrento is bounded by Port Phillip Bay in the north and Bass Straight in the south. The suburb also features the Sorrento Golf Club and Sorrento Beach and the Mornington Peninsula National Park.

Sales data

Median sale price
$1.8mil
Quarterly price change
-23.4%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsSorrentoMetro comparison
2-$902,500
3$1,735,000$810,000
4$2,100,000$955,000
InsightSorrentoMetro comparison
Clearance rate73.8%
Days on market5642

Rental data

Median weekly rent
$650
Rental yield
1.6%
Metro Melbourne Comparison
$560
3.2%
BedroomsSorrentoMetro comparison
2-$550
3-$540
4-$580
Median data for the current quarter
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