This little section of Sorrento is going through some gentrification with large renovations and new builds. Early last year (albeit in a stronger market) 30 Lister was bought, renovated and flipped, within 12 months for $1.72M more than the 2017 purchase price. It was the same land size, however, 36 is a new house with more luxurious appointments and hard finishes. Statement of information shows $3.3M which would put it the most expensive house in the street, and probably deserved. Lots of value in the building however, and on a small parcel of land with distance to the village a bit far. This is a gem of a property though and leaves nothing wanting.
Michael Sier is a licensed Mornington Peninsula Buyers Advocate specialising in the family home and holiday house markets along the bay. Being a Peninsula local with a family of 3 children, he understands the needs of a growing family within the community. His close relationships with selling agents ensure he receives access to many homes off-market, as the more exclusive suburbs such as Mount Eliza, Mount Martha, Red Hill, Blairgowrie, Sorrento & Portsea are very tightly held. Having studied a Bachelor of Information Technology at Federation University, Michael also holds a full Victorian Estate Agent’s Licence and is an active property investor with 14 years in the real estate industry working alongside some of the most prominent buyer advocates in Australia.
What a difference a month makes! We saw the writing on the wall with low stock levels and increased buyer demand in winter but needed confirmation it wasn’t just a knee-jerk reaction to greater Federal government stability and interest rate cuts. September really kick-started the spring market right across the Peninsula. We saw properties that ...[read more]