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VIC › Sorrento › Morobe St

40 Morobe St, Sorrento VIC 3943

For saleHouse for Sale

$1,899,000–$2,085,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

3

Car spaces

696 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,899,000–$2,085,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,899,000–$2,085,000(Listing record · 13 Dec 2025)
  • FactLand 696 m²; no building size recorded.(Property record)
  • CalculationAsk is 29% above the Sorrento median recorded sale ($1,467,500, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Sorrento's advertised median rent ($573/wk), implied gross yield would be 1.57% — 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

$1,899,000–$2,085,000

Asking range · $2,728/m² of land

No recorded sale for this property.

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.

See the full Sorrento report →

Vs Sorrento

+29.4%

Median sale

Suburb $1,467,500

-0.46 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,899,000
Stamp Duty (Victoria)
$104,445
Transfer/Registration Fee
$3,614
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
$2,010,759

$111,759 on top of the price (5.9% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
0.07%
Annual cashflow (pre-tax)
$-97,437
Interest cover (DSCR)
0.01
Annual rent
$29,796
Operating expenses
$28,485
Loan amount
$1,519,200
Annual interest
$98,748
Gross yield
1.57%

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$1,899,000–$2,085,000available13 Dec 2025

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 $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.

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 1.6%. 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

Sorrento in one glance

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.

See the full Sorrento report →

Keep researching

  • Why Sorrento? Read the area thesis →
  • What else is on the market in Sorrento →
  • Other records on Morobe St →

Listing material

Listed by Belle Property Blairgowrie

Commanding vista meets coastal convenience!

Basking in its commanding position above a canopy of moonah and ti-tree at the narrowest part of the peninsula between Koonya Ocean Beach and the calm bay waters of Camerons Bight, this unique coastal retreat enjoys a stunning and ever-changing north-easterly vista.

Barely 600m from the bay beach, just a little further from the ocean, moments from the popular Koonya General Store and a leisurely stroll to Blairgowrie village, this is an unbeatable combination of lifestyle and convenience wrapped up with a supremely comfortable four-bedroom residence that offers a unique holiday vibe.

Light-filled and offering living areas on each level as well as a lift, large windows, polished timber floors and high ceilings, front and rear balconies also ensure an alfresco entertaining space for every occasion.

Read the full description

Gazing out toward the Blairgowrie Yacht Squadron with Arthurs Seat and the peninsula's hinterland in the background, watch as the ships ply the bay from the upper lounge with its cosy wood fire or the brilliant main balcony.

Downstairs, a large second living area with a kitchenette opens to a covered front deck as well as a rear terrace and the gardens, three children's or guest bedrooms share the main bathroom and parents enjoy a generous main bedroom upstairs with the luxury of a spa bath ensuite, walk-in robe and bay views.

Other features include stainless steel appliances in the well-sized kitchen, ducted heating, split-system airconditioning, a garage and double carport and easy-care gardens.

To be notified when inspections of this property become available, to be sent a copy of the contract, advised of property updates and new listings, simply submit an enquiry on this page.

The Belle Property Southern Peninsula team is proud to be offering this property for sale. For further information, please contact Tim Bradler at the Blairgowrie Office on 0400 312 412 or tim.bradler@belleproperty.com

Disclaimer: Whilst every care has been taken in preparing the property 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 Tim Bradler, Belle Property Blairgowrie — reproduced as published, not verified by Districts.

Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.