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VIC › South Morang › Sorrel Ct

15 Sorrel Ct, South Morang VIC 3752

For saleHouse for Sale

$29,215

For sale

Asking

4

Bedrooms

3

Bathrooms

4

Car spaces

719 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $29,215 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $29,215(Listing record · 31 July 2026)
  • FactLand 719 m²; no building size recorded.(Property record)
  • CalculationAsk is 96% below the South Morang median recorded sale ($709,750, n=10, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Morang's advertised median rent ($551/wk), implied gross yield would be 98.07% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$29,215

Asking · $41/m² of land

No recorded sale for this property.

South Morang at a glance

26,373

People

$709,750

Median sale

$551/wk

Median rent

4.04%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full South Morang report →

Vs South Morang

-95.9%

Median sale

Suburb $709,750

+94.03 pp

Gross yield

Suburb 4.04%

Suburb median $709,750 from 10 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$29,215
Stamp Duty (Victoria)
$451
Transfer/Registration Fee
$172
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$33,538

$4,323 on top of the price (14.8% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with South Morang's advertised median rent — not a rent for this listing.

Net yield
96.57%
Annual cashflow (pre-tax)
$26,695
Interest cover (DSCR)
18.57
Annual rent
$28,652
Operating expenses
$438
Loan amount
$23,372
Annual interest
$1,519
Gross yield
98.07%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$29,215available31 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $551/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 98.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

South Morang in one glance

South Morang at a glance

26,373

People

$709,750

Median sale

$551/wk

Median rent

4.04%

Suburb gross yield

Median sale from 10 recorded sales (last 24 months) — a Districts calculation.

See the full South Morang report →

Keep researching

  • Why South Morang? Read the area thesis →
  • What else is on the market in South Morang →
  • Other records on Sorrel Ct →

Listing material

Listed by Harcourts Rata & Co.

An Exceptional Family Residence of Scale, Sophistication & Timeless Appeal

Set amidst beautifully established gardens on an expansive 719m² (approx.) allotment, this impeccably maintained, owner-built residence is a masterclass in quality craftsmanship, generous proportions and refined family living. Spanning three impressive levels, every element of this home has been thoughtfully designed to deliver an exceptional lifestyle of comfort, functionality and effortless entertaining.

Beyond the grand double-door entrance, a beautifully appointed interior unfolds. The ground floor welcomes you with a dedicated study, elegant formal lounge and a striking open-plan living domain. At its heart lies a beautifully appointed kitchen featuring quality appliances and abundant storage, overlooking the expansive meals area, family room and inviting fireplace-creating a warm and sophisticated space where family and friends naturally come together.

The upper level is thoughtfully designed to accommodate the entire family, offering four generously proportioned bedrooms. The luxurious master suite is a true retreat, complete with a private ensuite and built-in robes, while the remaining bedrooms also feature built-in robes and are serviced by a stylish central bathroom. An additional upstairs living area provides valuable flexibility, ideal as a parents' retreat, children's lounge or media room.

Read the full description

Framed by mature, landscaped gardens, the alfresco entertaining area offers a private sanctuary for year-round enjoyment. Accessible from both the ground floor and basement, this seamless indoor-outdoor connection creates the perfect setting for entertaining on any scale or simply unwinding in peaceful surroundings.

Further enhancing the home's appeal are exquisite Italian porcelain tiles, premium window furnishings, a spacious laundry, extensive storage solutions and a generous double garage, all reflecting the exceptional attention to detail evident throughout.

Offering an enviable combination of grand proportions, timeless elegance and uncompromising quality, this remarkable residence presents an outstanding opportunity for families seeking a home that will be cherished for generations. Rarely does a property of this calibre become available delivering an exceptional lifestyle in every sense.

PHOTO ID REQUIRED

Due diligence checklist - consumer.vic.gov.au/duediligencechecklist

Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy

Material Facts - please refer to the contract of sale and vendor statement for material facts.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.

While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.

Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Listing description written by George Ioannou, Harcourts Rata & Co. — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 4

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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