These are information concerning Sorrento Real Estate Market. REIWA figures and growth chart

Perth Suburb Profiles

Sorrento

Situated 17km from Perth GPO.
A private subdivision of freehold land known as ‘Sorrento’ was surveyed here in 1929.  It is assumed that the name was taken from the Italian seaside town of Sorrento which is located south of Naples opposite the Isle of Capri.
SORRENTO QUICK STATS 1 April 2011 – 31 March 2012

Number of Sales for Year:107 Median House Price:   $860,000
Growth Rates 1 Year 5 Years 10 Years
Sorrento -7% 0.2% 8.2%
Perth Metro Region -4.1% 1.6% 10.2%
CPI 27.9% 7.6% 5.4%
                            2006 Census Summary                             Sorrento                             Perth Metro Region
Population – Usually Resident 7,347 1,445,078
Median Age of Residents (Years) 41 36
Residents less than 19 27% 27%
Residents 20-64 62% 61%
Residents over 65 11% 12%
Average Household Size (persons) 2.80 2.50
Median Weekly Household Income $1,583 $1,086
Median Monthly Mortgage Repayment $1,517 $1,300
Median Weekly Rent $250 $180
Number of Occupied Dwellings 1 2,530 528,532
Fully Owned 2 46% 32%
Being Purchased 2 38% 41%
Being Rented 2 15% 26%
Other 2 0% 1%
                                Local Schools: Sorrento Primary School, Sacred Heart College
                                Other Nearby Schools: Padbury Catholic Primary School (Craigie) , St Mark’s Anglican Community School (Hillary’s) , St Stephen’s School (Duncraig)
                                Shops: Seacrest Village
                                Train Stations: Warwick
                                Bus Services: Bus service to Warwick Train Station
    1. Excludes visitor only households     2. % Calcs exclude Not Stated Component 

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