Market snapshot

Suburb insights for Somerville3912

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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 and auction results in Somerville

AddressBedroomsPriceTypeMethodSale DateAgentListing
4 Brushwood Cl, Somerville5PriceHouse (Res)Auction Sale13/07/2024McEwing PartnersView

Sales data

Median sale price
$820k
Quarterly price change
-10.9%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsSomervilleMetro comparison
2-$902,500
3$737,500$810,000
4$966,250$955,000
InsightSomervilleMetro comparison
Clearance rate73.8%
Days on market3842

Rental data

Median weekly rent
$578
Rental yield
3.6%
Metro Melbourne Comparison
$560
3.2%
BedroomsSomervilleMetro comparison
2-$550
3$555$540
4-$580
Median data for the current quarter
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