Property investors who have had real estate in Sorrento, 6020 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.40%
If we look at median property appreciation over just the last three months, Sorrento has given property investors a paper return of 0.72%. This puts Suburb as 112 on a list of fastest fasting appreciating suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Sorrento is offering property investors an average of -8.15. This rate of discount on properties puts Suburb at number 346th in terms of most discounted suburbs in WA
Sorrento, 6020 ranked 50th in WA when comparing growth in median property values or capital gain over the last 12 months. Sorrento is one of 1662 in our list for WA
When looking at the potential capital gains offered to property investors over the last 3 years, Sorrento comes in at number 61th in WA.
The most recent median price for Sorrento is $370000, with sellers offering an average of -9.48% off the asking price.