124/1 Padbury CircleSorrento WA 6020
Property Details for 124/1 Padbury Cir, Sorrento
124/1 Padbury Cir, Sorrento is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 87m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (September 2022)
Recently sold apartments 75, 65 & 118 and we now have this large 2 bed short stay apartment available for investment income.
While stock markets are down and superannuation depleting what better way to park your hard earned money into a secure investment with great uplift possibilities. Averaging 4% ROI plus more.
A resort apartment with full 2 bedrooms and 1.5 bathrooms.
These short term apartments are fully managed by AJS Management and are looked after by the team they have on site.
All maintenance is taken care of by the team, so you can relax without having to lift a finger.
All apartments come Fully Furnished and return approximately 4%pa net.
With international holday makers now returning to visit and many have visited numerous times, the net rental ROI increases.
You can also stay in the apartments at discounted rates for your own holiday.
To inspect please contact the Onsite Agent by email or message by SMS
Inspection strictly by appointment.
Ross Perkins
0423 888 985
ross@realagents.net
Property History for 124/1 Padbury Cir, Sorrento, WA 6020
- 13 May 2024Sold for $372,000
- 12 May 2022Listed for Sale $265,000
- 18 Sep 2015Listed for Sale FROM $269,000
Recent sales nearby
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0About Sorrento 6020
The size of Sorrento is approximately 3.6 square kilometres. There are 11 parks, covering nearly 14.3% of the total area. The population of Sorrento in 2016 was 7338 people. By 2021 the population was 7795 showing a population growth of 6.2% in the area during that time. The predominant age group in Sorrento is 60-69 years. Households in Sorrento are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Sorrento work in a professional occupation.In 2021, 86.30% of the homes in Sorrento were owner-occupied compared with 84.80% in 2016.
Sorrento has 3,461 properties. Over the last 5 years, Houses in Sorrento have seen a 92.66% increase in median value, while Units have seen a 102.73% increase. As at 31 August 2026:
- The median value for Houses in Sorrento is $2,092,360 while the median value for Units is $775,046.
- Houses have a median rent of $1,200 while Units have a median rent of $675.
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