SORRENTO 3943
State: VICPosiProp AI Investment Summary
SORRENTO (VIC 3943) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.6% and has experienced a 12-month capital growth of Up 1.1%, with a median house buy price of $1,800,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,300,000
$1,737,500
$1,855,000
$1,800,000
Suburb Market Profile
Last month Sorrento had 22 properties available for rent and 39 properties for sale. Median property prices over the last year range from $1,800,000 for houses to $855,000 for units. If you are looking for an investment property, consider houses in Sorrento rent out for $775 PW with an annual rental yield of 2.6% and units rent for $770 PW with a rental yield of 4.1%. Sorrento has seen an annual compound growth rate of 1.1% for houses and -42.7% for units.
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