SORRENTO 6020
State: WAPosiProp AI Investment Summary
SORRENTO (WA 6020) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.8% and has experienced a 12-month capital growth of Up 27.3%, with a median house buy price of $2,062,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,715,000
$2,160,000
$2,062,500
Suburb Market Profile
Last month Sorrento had 3 properties available for rent and 42 properties for sale. Median property prices over the last year range from $2,062,500 for houses to $732,500 for units. If you are looking for an investment property, consider houses in Sorrento rent out for $1,000 PW with an annual rental yield of 2.8% and units rent for $650 PW with a rental yield of 5.3%. Sorrento has seen an annual compound growth rate of 27.3% for houses and 22.6% for units.
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