Property value increases in Sorrento have tracked lower than the WA average of -4.98% over the last 12 months.
A 1.74% growth in median value for property investors in Sorrento,6020 puts this suburb at number 84th in terms of best performing suburbs in WA
Sellers are offering property buyers an average discount of -7.13% to buyers in Sorrento at the moment, which is less than average for the rest of WA.
Property investors should expect to get $600 weekly from the median priced house in this suburb.
Over the last year, property investments in Sorrento, 6020 have given investors a capital gain of -0.58%. This compares favourably with the -3.23% for WA as a whole.
Across a shorter period, Sorrento, 6020 has seen a median price increase of 5.17% over the last quarter.
Property buyers and investors in Sorrento 6020 should be seeing an average reduction in asking price of around -6.57% . This means that Sorrento is holding prices well when compared to other suburbs in WA.