48/1 Padbury Circle, Sorrento, WA 6020 | Property Value & History | OnTheHouse
OFF MARKET

48/1 Padbury Circle
Sorrento WA 6020

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 81m2
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Property Details for 48/1 Padbury Cir, Sorrento

48/1 Padbury Cir, Sorrento is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 81m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1999
Floor Size
61m2
Land Size
81m2
Local Government
Joondalup
Lot/Plan
48/S018449

Last Listing description (February 2022)

Ocean side investment
Showing over a 5% net return approx .

If you're looking for a beachside investment opportunity, this unit is perfect for you! A stone's throw from the beach opposite popular tourist destination Hillarys Boat Harbour, you could become the lucky investor in a one bedroom unit for only $145,000 in the peaceful suburb of Sorrento.

The unit is for short-term stays, which is under management from Quality Resorts, the guests will find onsite reception and a restaurant, and a stunning outdoor recreation area where they can sunbathe under the WA sun or take a dip in the sparkling pool.

A well-trusted holiday resort, Quality Resort Sorrento Beach offers guests free WiFi access and daily hot or continental breakfasts. The units are ideal for renting out to those seeking a romantic retreat or a small family getaway with all the convenience of being less than 25 minutes north of the Perth CBD by car.

Inside, neutral tones offer a peaceful atmosphere to these charming units.the unit is fully furnished, has a single living space with a television, and a Double bedroom with bathroom complete with a luxurious spa bath.The unit houses a self-contained kitchen complete with microwave, oven, and refrigerator.

Just two minutes from the beach and across the road from Hillarys Boat Harbour, there are plenty of nearby places to visit. The guests can take a stroll along the Sorrento Quay Boardwalk, enjoy a leisurely afternoon at the safe swimming beach, explore the AQWA local aquarium, or catch a ferry to check out Rottnest Island. There are activities for all ages and a rich variety of restaurant dining.

You can't go wrong with investing in this partly-renovated one bedroom unit .
If you're interesting in viewing this quality short-term stay unit, book an appointment now!

Other features included:
Fully furnished
Air conditioning to living
Self-contained kitchen
Television
Spa bath
Onsite restaurant
Onsite pool
Free WiFi access

Property History for 48/1 Padbury Cir, Sorrento, WA 6020

A timeline of how this property has performed in the market
Last Sold
$310,000
22 Apr 2024
  • 22 Apr 2024
    Sold for $310,000
  • 23 Aug 2018
    Sold for $135,000
  • 25 Nov 2017
    Listed for Sale $145,000
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About 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 3,464 properties. Over the last 5 years, Houses in Sorrento have seen a 90.02% increase in median value, while Units have seen a 105.70% increase. As at 31 July 2026:

  • The median value for Houses in Sorrento is $2,071,251 while the median value for Units is $810,626.
  • Houses have a median rent of $1,175 while Units have a median rent of $663.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Sorrento on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Sorrento.

Suburb Insights for Sorrento 6020

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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.