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5 Tarakan Street, Sorrento
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5 Tarakan Street

Sorrento, VIC 3943, Australia
4 bed 3 bath706 m²

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Neighbourhood

Living in Sorrento

This 4-bedroom house in Sorrento, VIC 3943 sits within reach of public transport, local shops and nearby schools.

Schools near Sorrento

  • Sorrento Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Hughes Road/Point Nepean Road (bus)296 m away
  • Koonya Store436 m away
  • Unnamed301 m away
  • Unnamed800 m away
  • Tuckey Track Reserve824 m away

Sorrento at a glance

Full suburb profile
Population
2,013
Median age
64
Household income
$1,658/wk
Median rent
$462/wk
Median mortgage
$2,167/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Sorrento is a mature coastal suburb with modest infill residential development and incremental public realm improvements. Development activity centres on small-scale residential subdivisions, foreshore activation initiatives, and heritage-informed urban renewal rather than major greenfield projects. The Shire of Mornington Peninsula is driving waterfront precinct and visitor infrastructure improvements to support tourism and local amenity.

Nearby projects

5

Closest

0.3 km

Carpark and service upgrade - Sorrento township

500m1km1.5km2kmCarpark and service upgrade - Sorrento township — 0.3 kmSorrento Foreshore Precinct Activation — 0.5 kmLocal heritage precinct study — 0.8 kmResidential infill DA - Ocean Beach Road — 1.2 kmResidential construction - Point Nepean Road corridor — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Carpark and service upgrade - Sorrento township

0.3 km
InfrastructureUnder construction

Shire-funded carpark expansion and drainage improvements servicing the shopping precinct and visitor economy.

2024

300 m

Sorrento Foreshore Precinct Activation

0.5 km
Mixed-use/Public realmProposed

Shire-led waterfront activation including improved public spaces, landscaping and access improvements along the foreshore reserve.

2026

500 m

Local heritage precinct study

0.8 km
Planning/PolicyProposed

Shire review of heritage overlays and character controls in central Sorrento, informing future development guidelines.

800 m

Residential infill DA - Ocean Beach Road

1.2 km
Residential subdivisionApproved

Small-scale residential infill subdivision creating 2-3 additional lots within existing residential zone.

1.2 km

Residential construction - Point Nepean Road corridor

1.5 km
Residential (multi-lot development)Under construction

Multi-dwelling residential development on larger land parcel, typical of scattered infill occurring throughout the precinct.

2025

1.5 km
Source: StMate AI — VIC development trends17/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Sorrento price trend

Median sold · House 4 bed

Compound growth -7.0% / yr over 4 yrs

$1.88mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Sorrento market

Within 5km

Nearby Properties

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