FOR SALE
$289,000

11/3 Great Eastern Highway
Somerville WA 6430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 136m2
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Exceptional Investment Opportunity - High-Yield, Low-Maintenance Unit!

Built in 2007 on a 136m² lot, this modern 2-bedroom unit is a standout investment opportunity. Leased at an impressive $660.00 per week until 31/03/2025, it offers reliable income and low-maintenance living in a secure complex.
Featuring built-in robes in both bedrooms, open-plan living, a gas cooktop, electric oven, evaporative air conditioning, and a convenient internal laundry, this property ticks all the boxes for tenants. The complex boasts a below-ground communal pool and undercover parking, adding to its appeal.
Don't miss this high-yield, hassle-free investment-secure your future today!
Strata Fees: $2,489.33PA || Council Rates: TBC || Water Rates: $290.00PA

Property Details for 11/3 Great Eastern Hwy, Somerville

11/3 Great Eastern Hwy, Somerville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 136m2. The place is currently for sale with Elite Choice Real Estate.

Building Type
Unit
Land Size
136m2

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About Somerville 6430

The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15% of total area. The population of Somerville in 2011 was 3,811 people. By 2016 the population was 4,134 showing a population growth of 8.5% in the area during that time. The predominant age group in Somerville is 40-49 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation. In 2011, 58.6% of the homes in Somerville were owner-occupied compared with 59% in 2016.

Somerville has 1,815 properties. Over the last 5 years, Houses in Somerville have seen a 40.90% increase in median value, while Units have seen a 69.57% increase. As at 30 November 2024:

  • The median value for Houses in Somerville is $564,941 while the median value for Units is $313,261.
  • Houses have a median rent of $830 while Units have a median rent of $600.
There are currently 26 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Somerville.

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Carla Viskovich
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Elite Choice Real Estate
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