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 2.3% and has experienced a 12-month capital growth of Down -1.4%, 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
$1,562,500
$1,650,000
$1,880,000
$1,800,000
Suburb Market Profile
Last month Sorrento had 16 properties available for rent and 58 properties for sale. Median property prices over the last year range from $1,800,000 for houses to $920,000 for units. If you are looking for an investment property, consider houses in Sorrento rent out for $780 PW with an annual rental yield of 2.3% and units rent for $697 PW with a rental yield of 3.8%. Sorrento has seen an annual compound growth rate of -1.4% for houses and -43.4% for units.