Sorrento at a glance
2,688
People
$1,467,500
Median sale
$573/wk
Median rent
2.03%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
VIC › Sorrento › Ivanhoe St
3
Bedrooms
1
Bathrooms
2
Car spaces
1,523 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Sorrento (last 5 years) with land size have a median of $2,268/m² of land (n=19). Districts calculation from recorded sales — not a valuation.
Sorrento at a glance
2,688
People
$1,467,500
Median sale
$573/wk
Median rent
2.03%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Sorrento at a glance
2,688
People
$1,467,500
Median sale
$573/wk
Median rent
2.03%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton Mornington Peninsula – Sorrento/BlairgowrieA one-of-a-kind opportunity to take over a well-established short-term rental property in the lucrative Peninsula short-stay market with unlimited future potential. Located 1.9km from the Sorrento Main Street, this compact three-bedroom 1960’s beach shack is enriched by its harmonious connection with the established gardens and fire pit amongst the indigenous Moonah. Renovated in Dec 2021, this idyllic haven is perfect for short breaks and family holidays.The 1,523sqm (approx) allotment is the ideal site for an indulgent north facing new build with pool (STCA) at some point in the future whilst benefiting from the shacks existing income stream in the meantime.
The compact home itself displays a calming undertone to its stylish interior, defined by contrasting hues of native greens and terracotta, a myriad of textures and beautifully soft layers. Filtered light flows throughout the open-plan living and dining domain. Set to host gatherings of all sizes, it sits adjacent to the gourmet kitchen, where the painted timber floors blend with the tiled splashbacks and neutral stone benchtops, equipped with a Husky wine fridge and a suite of quality Miele and Bosch appliances. This charming haven enjoys a flawless connection to the outdoors, with sliding doors extending to the rear deck and generous gardens, forming a memorable backdrop for entertaining within the twisting Moonah. Sisal carpets grace the three bedrooms, all serviced by a chic family bathroom with laundry facilities and a walk-in shower, plus a large powder room.
The Sorrento Sailing Club is a short walk down The Tuckey Track, access to Diamond Bay at the end of the street and the village within a few minutes drive.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Listing description written by Geoff Hall, Buxton Mornington Peninsula – Sorrento/Blairgowrie — reproduced as published, not verified by Districts.