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 3.2% and has experienced a 12-month capital growth of Up 21.9%, with a median house buy price of $1,950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$3,300,000
$1,523,250
$2,105,000
$1,950,000
Suburb Market Profile
Last month Sorrento had 3 properties available for rent and 31 properties for sale. Median property prices over the last year range from $1,950,000 for houses to $692,500 for units. If you are looking for an investment property, consider houses in Sorrento rent out for $1,027 PW with an annual rental yield of 3.2% and units rent for $645 PW with a rental yield of 5.1%. Sorrento has seen an annual compound growth rate of 21.9% for houses and 25.9% for units.