Over the last year, property investments in Sorrento, 6020 have given investors a capital gain of -15.66%. This compares very badly with the -5.20% for WA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Sorrento comes in at number 354th in WA.
Vendor discounting in Sorrento is giving property investors an average Vendor Discount of around -6.97%. This puts suburb at number 276th in WA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Sorrento the average time real estate has been on the market is 77.5 days.
Renters in Suburb are facing rents around $6720 per annum or $560 every week.
Giving property investors a an unimpressive capital gain of -1.74% for the last year, Sorrento, 6020 is the 1244th highest performer in Australia in this respect.
Sorrento,6020 has offered an average of -1.74% return per annum in house price rises to property investors over the last three years.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.10% offered to property buyers. Sellers in Sorrento itself are offering an average vendor discount of -5.71% to real estate investors.
Sorrento is 48th on a list of best yielding suburbs for rents in WA with a 4.68% return