Sorrento, VIC 3943, is a vibrant seaside suburb with a total population of 2013. The area has seen consistent population growth over the past years, particularly in the age group of 45 to 64 and those aged 65 and over. The median household income weekly is above average, indicating a financially stable community. The suburb has a good mix of occupations, with managers, professionals, and technicians/tradeworkers being the top three categories. Residents have various commuting options, including motor vehicles and the option to work from home. For house investors, Sorrento presents an opportunity for potential renovators due to a high sale price IQR ratio. The suburb has shown moderate median growth over the past years and a low vacancy rate, indicating strong demand. With a steady population increase and proximity to the beach, Sorrento attracts both homeowners and tenants. Unit investors may find the market competitive with a low sale price IQR ratio and a high rental yield. Sorrento, VIC 3943, offers residents a relaxed coastal lifestyle with good infrastructure and educational facilities. The suburb presents opportunities for both house and unit investors, with potential for renovation projects in the housing market and competitive rental yields in the unit market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022