856 Melbourne RoadSorrento VIC 3943
Property Details for 856 Melbourne Rd, Sorrento
Last Listing description (September 2021)
+ Elevated landholding of 1,658sqm* in central Sorrento, on Victoria's famed Mornington Peninsula
+ Adjacent to the Sorrento commercial precinct on Ocean Beach Road offering fantastic shopping, dining & entertainment at your door step
+ Outstanding opportunity for residential or holiday rental development (STCA)
+ Walking distance to stunning beaches including Sorrento Front Beach only 700m* and Back Beach 1.1km*
+ Existing houses on two separate titles providing solid rental income
+ Island site surrounded by council parkland providing privacy and stunning view potential across Sorrento
+ Located in Victoria's famed Mornington Peninsula, home to fantastic wineries, world-class golf courses, Peninsula Hot Springs and other major tourist attractions
EXPRESSIONS OF INTEREST NOW CLOSED
For information please contact the Victorian Development Sites team to register your interest.
Julian White
+61 422 764 137
Rorey James
+61 439 400 081
Chao Zhang
+61 411 625 068
*approx
Property History for 856 Melbourne Rd, Sorrento, VIC 3943
- 02 Sep 2021Listed for Sale SOLD - Price Withheld
- 19 Oct 2018Sold for $3,000,000
- 20 Aug 2018Listed for Sale EXPRESSIONS OF INTEREST NOW CLOSED
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 3,715 properties. Over the last 5 years, Houses in Sorrento have seen a 1.80% increase in median value, while Units have seen a -3.34% decrease. As at 31 March 2026:
- The median value for Houses in Sorrento is $1,883,816 while the median value for Units is $887,405.
- Houses have a median rent of $725 while Units have a median rent of $638.
Suburb Insights for Sorrento 3943
Market Insights
Sorrento Trends for Houses
N/A
N/A
View TrendN/A
N/A
Sorrento Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
