Profile for Somerville

3912

Somerville is located 50 km south of the CBD. Located on the Mornington Peninsula Somerville has experienced rapid growth during the last twenty years on the tail of sustained residential development. The suburb is primarily residential and rural living in character with scattered tracts of reserves and parklands. The Crib Point railway line traverses the suburb while the Western Port Bay bounds the east. The suburb also features the St John's Presbyterian Retirement Village and the Somerville Reserve.

Recent Sales & Auction Results in Somerville

Address Price Type Method Sale Date Agent
Property List
309 Jones Rd, Somerville 4 House (Res) Passed in at Auction 19/10/2019 OBrien Real Estate
1157 Frankston-Flinders Rd, Somerville 3 House (Res) Passed in at Auction 19/10/2019 Bowman & Company

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$610k

Metro Melbourne

$830k

Quarterly Price Change

-1.2%

Metro Melbourne

4.5%

Median Rent

$410

Metro Melbourne

$451

Rental Yield

3.5%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 50 33
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $845,000
3 Bedrooms $567,000 $720,000
4 Bedrooms $715,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $400 $430
4 Bedrooms n/a $480

Median data for September 2019 Quarter. Click here for details.

Median Sale Price

$475k

Metro Melbourne

$595k

Annual Price Change

-3.1%

Metro Melbourne

-0.4%

Median Rent

n/a

Metro Melbourne

$430

Rental Yield

n/a

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 78.3%
Days on Market 50 33
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $364,500
2 Bedrooms $440,000 $560,000
3 Bedrooms $545,000 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms n/a $445
3 Bedrooms n/a $530

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