234-238 Ocean Beach Road, Sorrento, VIC 3943 | Property Value & History | OnTheHouse
OFF MARKET

234-238 Ocean Beach Road
Sorrento VIC 3943

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 47m2
Land area: 2673m2
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Property Details for 234-238 Ocean Beach Rd, Sorrento

234-238 Ocean Beach Rd, Sorrento is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2673m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2004
Floor Size
47m2
Land Size
2673m2
Local Government
Mornington Peninsula
Lot/Plan
CP101801

Last Listing description (June 2025)

Superb Sorrento apartment investmentA twin-key apartment opportunity in Sorrento's sought-after Oceanic Apartments complex, these two one-bedroom studios are a golden chance to enjoy your own low-maintenance retreat and profit from strong income on the holiday rental market. Studio 13 & 13A are adjoining but separate - sold as one property.Returning more than $135,000 last year with low outgoings, just a four-minute walk from Sorrento Ocean Beach and 600m from the boutique retail and dining precinct of Sorrento Village, the two apartments offer relaxation and vibrant coastal living, perfect for holiday investors or those seeking the perfect beachside base.Boasting a harmonious fusion of convenience, serenity and an invitation to unwind and rejuvenate, the open-plan layouts seamlessly merge living, dining and kitchen areas, flowing through to courtyards at the rear with plenty of sunshine to enjoy.Stylish bathrooms include one with a spa bath, kitchens feature dishwashers, four-element electric cooktops and washing machines, and each unit has room for a king bed and as well as a separate lounge area.Embrace the essence of beachside living at its most uncomplicated while enjoying the Mornington Peninsula's renowned attractions, delivering a playground for water enthusiasts, sun-seekers, bushwalkers, golfers, families, and epicurean exploration with a plethora of wineries and top restaurants.Tastefully fitted and furnished throughout, the apartments compliment Sorrento's lifestyle perfectly with furniture and bedding negotiable in the sale, allowing you to move in or start renting out immediately.Available on a 300 year lease that expires in 2304, these beachside apartment are waiting to be enjoyed, while low body corporate fees, not exceeding $6,500 per annum cover most outgoings including all rates, services and land taxes.For further information, please contact Tim Bradler at the Blairgowrie Office on 0400 312 412 or tim.bradler@belleproperty.comDisclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence

Property History for 234-238 Ocean Beach Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$525,000
13 Feb 2021
  • 03 Apr 2025
    Listed for Sale $771,000
  • 07 Feb 2023
    Listed for Sale $700,000 - $770,000
  • 13 Feb 2021
    Sold for $525,000
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About 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.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 102 properties were sold in the past 12 months in Sorrento.

Suburb Insights for Sorrento 3943

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.