8 Margaret Ave, Somerton Park is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 1282m2. While the property is not currently for sale or for rent, it was last transferred in June 2016.
INITIAL LEASE: 12 Months
AVAILABLE: NOW
WATER CHARGES: All water usage and supply to be paid by tenant.
The size of Somerton Park is approximately 2.3 square kilometres. It has 6 parks covering nearly 2.7% of total area. The population of Somerton Park in 2011 was 5,387 people. By 2016 the population was 5,544 showing a population growth of 2.9% in the area during that time. The predominant age group in Somerton Park is 50-59 years. Households in Somerton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerton Park work in a professional occupation. In 2011, 65% of the homes in Somerton Park were owner-occupied compared with 68.3% in 2016.
Somerton Park has 2,995 properties. Over the last 5 years, Houses in Somerton Park have seen a 88.32% increase in median value, while Units have seen a 83.61% increase. As at 31 October 2024:
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