Mornington Peninsula · 3943
Sorrento, VIC
population +7.8% (5y), 6.7%/yr capital growth.
NextSuburb scoreTier D
27Below trend
Median house
$2.29M
5y growth
6.7%/yr
Gross yield
1.0%
Vacancy
2.2%
Thin market · ~2k residentsLow confidence
Thin marketSmall sample sizes (~16 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)6.7%/yr67/100
- Population growth+7.8% (5y)78/100
- Supply tightening+4.0% YoY30/100
- Rental yield1.0%21/100
- Rental demand2.2% vacancy45/100
- Income growth+14.0% (5y)56/100
- Construction pipelineno nearby pipeline0/100
- Affordabilityabove cap0/100
Why this score
Sorrento scores 27/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 6.7%/yr capital growth over five years. The standout watch-out: population of 2,013 makes the market illiquid.
Drivers
- Population growth+7.8% (5y)
- Capital growth6.7%/yr
Risks
- Only 2,013 residents — illiquid, slow to sell
- At top of budget (153% of cap)
Nearest infrastructure
Suburban Rail Loop East — Cheltenham49.7 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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