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.

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$700k

Metro Melbourne

$797k

Quarterly Price Change

10.2%

Metro Melbourne

-3.7%

Median Rent

$390

Metro Melbourne

$450

Rental Yield

3.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 35 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $590,000 $733,000
4 Bedrooms $790,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $390 $420
4 Bedrooms n/a $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$535k

Metro Melbourne

$589k

Annual Price Change

25.5%

Metro Melbourne

1.8%

Median Rent

$420

Metro Melbourne

$420

Rental Yield

4.3%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 35 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $571,000
3 Bedrooms $550,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms n/a $440
3 Bedrooms n/a $521

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