554 Melbourne Road, Sorrento, VIC 3943 | Property Value & History | OnTheHouse
OFF MARKET

554 Melbourne Road
Sorrento VIC 3943

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 746m2
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Property Details for 554 Melbourne Rd, Sorrento

554 Melbourne Rd, Sorrento is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 746m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Land Size
746m2
Local Government
Mornington Peninsula
Lot/Plan
127/LP20557

Last Listing description (September 2024)

With its entrance on Morobe Street, this solidly built permanent or holiday coastal retreat, surrounded by encircling Tea Tree and coastal vegetation, is located on the narrowest part of the Peninsula between Koonya ocean beach and the foreshore.

A roomy open plan kitchen/living/dining area, bathed in natural light, courtesy of a high pitched roof line and highlight windows, leads out through french doors to private lawned gardens, and green surrounds.

A spacious second living area with feature fireplace and cosy wood burner offers an alternative relaxation zone, with a tranquil garden outlook. The practical floor plan aids family harmony, offering a 3 bedroom accommodation wing with family bathroom, the main bedroom with ensuite and walk in robe.

Ideally located within a 2 minute walk for coffee and the essentials at the iconic Koonya General Store or stroll down to Cameron's Bight bay beach, or the rock pools of Koonya ocean beach to feel the sand between your toes. Sorrento township or Blairgowrie Village are a mere five minutes' drive away.

Property History for 554 Melbourne Rd, Sorrento, VIC 3943

A timeline of how this property has performed in the market
Last Sold
$1,149,990
26 Aug 2024
  • 26 Aug 2024
    Listed for Sale $1,250,000 - $1,350,000
  • 26 Aug 2024
    Sold for $1,149,990
  • 31 May 2000
    Sold for $204,000
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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 3,707 properties. Over the last 5 years, Houses in Sorrento have seen a -10.76% decrease in median value, while Units have seen a 0.13% increase. As at 30 June 2026:

  • The median value for Houses in Sorrento is $1,771,265 while the median value for Units is $938,556.
  • Houses have a median rent of $750 while Units have a median rent of $638.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 98 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.