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Sorrento, WA 6020
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,000,000
market range $1.9M-$2.3M
Median Unit
$730,000
market range $650K-$975K
Gross Yield
-
1yr Growth (houses)
+22.7%
market range +12.5% to +25.0%
Investment snapshot for Sorrento
Sorrento has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Sorrento market and investor summary
Sorrento (WA 6020) runs a median house price of $2M. House prices have moved +22.7% over the past year and +42.3% over three years. At 0.7% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking.
Living in Sorrento: people, income and schools
Sorrento is home to around 7,795 people, and the area has been growing steadily, up about 7% over five years. The median age is 47, skewed a little older, and 86% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $129,000 a year, or roughly $2,470 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 15.6 times local household income, so affordability is a genuine constraint on local buyers.
There are 36 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 17 km from the CBD. It is fairly car-dependent; the suburb scores 33 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 7,795
- +7% over 5yr
- Median age
- 47 years
- Median household income
- $129,000/yr
- Households renting
- 11%
- Family households
- 81%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 36
- avg ICSEA 1097
- Unemployment
- 1.2%
- Distance to CBD
- 17 km
- Walk score
- 33/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Sorrento
View all →Frequently asked questions about Sorrento
What should I check before investing in Sorrento?
Sorrento has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +22.7% in the past year shows strong recent price momentum. 3-year capital growth of +42.3% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Sorrento?
The median property price in Sorrento, WA 6020 is $2M for houses and $730K for units.
What does recent house price growth show for Sorrento?
House prices in Sorrento are up 22.7% over the past year and up 42.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Sorrento?
The current vacancy rate in Sorrento is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Sorrento?
Sorrento has a population of approximately 7,795 residents, with a median age of 47.
What schools are near Sorrento?
There are 36 schools within roughly 5km of Sorrento. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Sorrento affordable to buy in?
A median house in Sorrento costs about 15.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Sorrento's population growing?
The population of Sorrento has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Sorrento from the CBD?
Sorrento is about 17 km from the CBD.
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