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 › Parkside St
$4,500,000
Last sold
23 Sept 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,815 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
$4,500,000
23 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Sorrento (last 5 years) with land size have a median of $2,205/m² of land (n=18). 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.
Vs Sorrento
+206.6%
Median sale
Suburb $1,467,500
-1.37 pp
Gross yield
Suburb 2.03%
Suburb median $1,467,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 Aqua Real EstatePerfectly situated close to main street Sorrento is this newly renovated French enthused luxury abode set back in glorious park-like gardens of 1800sqm approx. with heated pool in a premium cul-de-sac beachside locale for the fortunate few.
This special properly is beautifully introduced via a private gateway embellished by an automated old-world timber and steel lacework gates ahead of a landscaped sealed drive culminating into a manicured forecourt with double carport and plenty of guest parking.
A mature ornamental vine drapes the French pergola at the entry, extending the width of this Provencal inspired family property creating a warm welcome as you step inside to realise an equally inviting foyer space bathed in bright light, courtesy of the northerly aspect anchored by Mediterranean tiles and generous ceilings throughout to great effect.
On the entry level discover 3 tastefully curated bedrooms fitted with rich Chevron oak flooring, built-in robes and adjustable window louvres serviced by a large luxuriant family bathroom designed around a huge marble shower, floating stone vanity with brass hardware, integrated laundry and WC.
A generous living area also on this level is complete with custom built-in cabinetry & sink, wood burner and immediate access to the great outdoors and impressive paved poolside alfresco, outdoor shower & BBQ zone.
Upstairs is dedicated to the hub of the home; a stunningly appointed stone-topped gourmet kitchen and island fitted with a suite of new quality appliances such as 2x Miele electric ovens, V-Zug gas hob, integrated Liebherr fridge / freezer, brass Zip tap and Miele dishwasher next to a large fireclay Shaw sink impeccably matched by Perrin & Rowe brass tapware.
A light-filled dining come stylish living area sits adjacently as does yet another ambient wood heater where one can comfortably sit back and savour the sun drenched outlooks on offer, gently filtered via the many louvred windows of the verdant gardens, lush lawns and pool area in the distance for a magnificent backdrop; or better appreciate the outdoor access and vista to the formidable alfresco deck enabled via two sets of French doors from the kitchen and / or the master.
The master bedroom sits privately in its own section with French oak floors, built-in robes and sumptuous marble en-suite with double stone vanity, large reeded glass shower, heated floors and WC.
Embrace the opportunity for true quality beachside lifestyle living only moments to the vibrancy of Sorrento main street, shops, restaurants and choice of amazing beaches.
INSPECT BY PRIVATE APPOINTMENT
Further inclusions; Mitsubishi inverter heating / cooling systems, 2x wood heaters, NOBO heaters, HIK vision camera surveillance, monitored alarm, remote gateway with intercom, dusk garden copper lighting, long sealed illuminated driveway, new stone topped gourmet kitchen / meals with 2x Miele ovens, microwave, V-Zug gas cooktop, Zip tap (hot/cold/sparkling), integrated Liebherr fridge/freezer, pantry, large fireclay Shaw sink with Perrin & Rowe brass tapware, large downstairs living room with wood heater, sink and brass tapware, upstairs living & dining area with wood heater, large balcony terrace overlooking alfresco pool area, Chevron oak floorboards, white louvres throughout, master & en-suite with heated marble floors, family stone & marble bathroom with large shower zone, double carport & guest parking, self-cleaning fully tiled saltwater swimming pool with heat pump, poolside alfresco with heated outdoor shower, BBQ gas & power, town sewer connection, large park-like gardens & lawns, room for tennis court STCA, shed, full auto irrigation, bore with pump, fully fenced, bright northerly aspect, short stroll to Sorrento main street, National Park, St Paul's road general store and so much more..
Listing description written by Michelle Skoglund, Aqua Real Estate — reproduced as published, not verified by Districts.
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