Market snapshot
Suburb insights for Somerville3912
Change suburbSomerville, approximately 55 km southeast of Melbourne, is a growing semi-rural suburb offering shopping centres, schools, and sporting facilities. With a mix of acreages and family homes, it appeals to both commuters and those seeking space and value on the northern edge of the Peninsula.
Sales data
Median sale price
$885k
Quarterly price change
-3.3%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Somerville | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | $800,000 | $870,000 |
| 4 | $1,100,000 | $990,000 |
| Insight | Somerville | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | |
| Days on market | 27 | 45 |
Rental data
Median weekly rent
$650
Rental yield
3.8%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Somerville | Metro comparison |
|---|---|---|
| 2 | - | $615 |
| 3 | $620 | $570 |
| 4 | - | $600 |
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