Market snapshot
Suburb insights for Sorrento3943
Change suburbSorrento, approximately 110 km southeast of Melbourne's CBD, is one of Victoria’s most famous coastal towns, known for its limestone buildings, boutique shops, and ferry connection to Queenscliff. With luxury homes and a lively holiday vibe, it attracts tourists, sea-changers, and second-home buyers.
Sales data
Median sale price
$1.8mil
Quarterly price change
-1.7%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Sorrento | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $1,580,000 | $851,000 |
| 4 | $1,950,000 | $970,000 |
| Insight | Sorrento | Metro comparison |
|---|---|---|
| Clearance rate | 77.8% | |
| Days on market | 60 | 36 |
Rental data
Median weekly rent
$780
Rental yield
2.3%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Sorrento | Metro comparison |
|---|---|---|
| 2 | - | $585 |
| 3 | $608 | $550 |
| 4 | $850 | $600 |
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