1/234-238 Ocean Beach RoadSorrento VIC 3943
Property Details for 1/234-238 Ocean Beach Rd, Sorrento
1/234-238 Ocean Beach Rd, Sorrento is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 40m2.
Last Listing description (November 2017)
This 1 bedroom unit with separate living area is one of the few unique units in the complex looking out over the coastal reserve from an outside deck . Just a few minutes walk to the back beach & the Village precinct, this is a wonderful opportunity to combine business and pleasure. Use as an investment opportunity or for your private use , or a combination of both . The flexibility is there for you to control at a price level not generally available in Sorrento because you are buying a 300 year lease (approx.) & that , to put it in perspective, is significantly longer than the settlement of Australia.
Property History for 1/234-238 Ocean Beach Rd, Sorrento, VIC 3943
- 16 Feb 2016Listed for Sale $349,000
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0About Sorrento 3943
The size of Sorrento is approximately 7.0 square kilometres. There are 9 parks, covering nearly 32.0% of the total area. The population of Sorrento in 2016 was 1592 people. By 2021 the population was 2013 showing a population growth of 26.4% in the area during that time. The predominant age group in Sorrento is 70-79 years. Households in Sorrento are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sorrento work in a managers occupation.In 2021, 83.70% of the homes in Sorrento were owner-occupied compared with 82.20% in 2016.
Sorrento has 3,717 properties. Over the last 5 years, Houses in Sorrento have seen a -15.01% decrease in median value, while Units have seen a -14.15% decrease. As at 31 July 2026:
- The median value for Houses in Sorrento is $1,767,749 while the median value for Units is $870,282.
- Houses have a median rent of $750 while Units have a median rent of $638.
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