54 Park Road, Sorrento, VIC 3943 | Property Value & History | OnTheHouse
OFF MARKET

54 Park Road
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 2107m2
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Property Details for 54 Park Rd, Sorrento

54 Park Rd, Sorrento is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 2107m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
House
Land Size
2107m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP110480

Last Listing description (February 2025)

Perched on the highest point of Sorrento, this property blends quiet seclusion with commanding views of the Bay. It is being offered for private sale for the first time in 40 years, making it a rare and exclusive opportunity that would suit a developer or builder looking for the upside of a clever makeover or complete build.

At the end of the long, tree-lined drive, youll find the existing home, a sound and solid brick construction - excellent foundations for a renovation. It comprises three bedrooms, two bathrooms, and an open-plan living area with floor-to-ceiling picture windows and sliding doors to the deck so you can enjoy 180 views of the Bay inside and out. Downstairs, theres the potential to add a second living space and fourth bedroom in the covered terrace.
With 2070m2 of land bordering Back Beach National Park and just moments walk to the beach, this is a fantastic opportunity to re- imagine the property into a modern secluded sanctuary and become king of the hill in Sorrento.

Elevated home on leafy 2070m2 block backing onto the National Park
Expansive views across the Bay from the deck, main bedroom, & lounge
Long-held for 40 years, prime renovation development opportunity
3 beds + 2 baths + open plan living, dining, & kitchen area flowing to deck
Option to add living area & bedroom downstairs; single garage + carport
Lawn area at entry ideal as a dry stop for a boat, caravan, or shed (STCA)
A moments walk to the coast; five minutes to shops, school, front beach

Property History for 54 Park Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$2,050,000
20 May 2024
  • 20 May 2024
    Sold for $2,050,000
  • 05 Jan 2024
    Listed for Sale $2,050,000 - $2,250,000
  • 19 Apr 1982
    Sold for $25,000
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About Sorrento 3943

The size of Sorrento is approximately 7.0 square kilometres. It has 9 parks covering nearly 32.0% of 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 3,709 properties. Over the last 5 years, Houses in Sorrento have seen a 14.12% increase in median value, while Units have seen a -3.90% decrease. As at 31 January 2026:

  • The median value for Houses in Sorrento is $1,920,301 while the median value for Units is $834,395.
  • Houses have a median rent of $750 while Units have a median rent of $638.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 110 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.