FOR SALE
$325,000

5/10 Great Eastern Highway
Somerville WA 6430

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 149m2
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Investment Opportunity - Secure Lease with High ROI

This unit presents a fantastic opportunity for investors with a secure lease in place until October 2025, currently generating $560.00per week in rental income. This property offers a solid income stream in a secure, gated complex with desirable amenities.
Property Features:
• 2 Bedrooms with built-in robes, offering practical storage solutions
• Main Bathroom with modern features
• Open Plan Living area that creates a comfortable and spacious feel
• Functional Kitchen overlooking the living space, perfect for easy entertaining
• English Style Laundry, efficiently integrated into the layout
• Private Courtyard ideal for outdoor relaxation or entertaining
• Garden Shed for additional storage
• Single Carport Space plus extra parking available for visitors
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Property Details for 5/10 Great Eastern Hwy, Somerville

5/10 Great Eastern Hwy, Somerville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 149m2. The place is currently for sale with Elite Choice Real Estate.

Building Type
House
Land Size
149m2

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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 1,805 properties. Over the last 5 years, Houses in Somerville have seen a 38.67% increase in median value, while Units have seen a 62.64% increase. As at 30 September 2024:

  • The median value for Houses in Somerville is $540,116 while the median value for Units is $305,955.
  • Houses have a median rent of $820 while Units have a median rent of $600.
There are currently 29 properties listed for sale, and 5 properties listed for rent in Somerville on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Somerville.

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Carolyn Brown
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Elite Choice Real Estate
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