1395 Somerton RoadBulla VIC 3428
Property Details for 1395 Somerton Rd, Bulla
1395 Somerton Rd, Bulla is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 40500m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in October 2011.
Last Listing description (June 2015)
SOLD BEFORE AUCTION BY JASON PADULA!
'Escape the hustle and bustle!nWith the proposed 'Melbourne Airport link to Outer Metropolitan Ring Road/Bulla Bypass' crossing over Somerton Road at an ideal distance of approximately 1 to 1.5 km's away, you can purchase '1395 Somerton Road, Bulla' with complete confidence in the knowledge that future road infrastructure will make travelling to and from major Melbourne destinations even easier and as a by-product, underpin the value of this substantial + affordable land holding. With vacant one acre blocks in Greenvale selling for close to $800,000, why wouldn't you consider 10 acres with 'town water' just down the road in neighbouring Bulla?
Offering the following:
- Separate self-contained one bedroom bungalow, as well as a classic Aussie outdoor dunny
- Realistic rental potential of $500 per week 'as isn- Ideal hobby farm set-up with three large fenced paddocks, four yards, front section servicing the house, aviary, animal yard/pen, chicken coop, four stables, round wing, fencing all round and a dam in the far rear left-hand corner
- Two large machinery sheds that can accommodate 8 cars
- Entry via two separate gated driveways
- Beautifully proportioned allotment (rectangular/?easement-free/?north-facing) measuring 111.85m x 362.1m = 40,501m2
- Prominently located near the Wildwood Road corner, offering easy access to the Greenvale Shopping Centre, Bulla township, Woodlands Historic National Park, Sherwood Reception Centre, Melbourne Airport, Aitken College and much more
- Apart from the potential for immediate rental and use as a hobby farm, a range of other options include renovating, re-building or setting up a horse agistment/shelter...the options limited only by your imagination
- Flexible Settlement terms of 30-120 days
Selling Range: $679,000 - $739,000
Property History for 1395 Somerton Rd, Bulla, VIC 3428
- 28 May 2015Listed for Sale $679,000 - $739,000
- 26 May 2015Listed for Rent $250 / week
- 20 Oct 2011Sold for $750,000
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About Bulla 3428
The size of Bulla is approximately 35 square kilometres. It has 9 parks covering nearly 2.3% of total area. The population of Bulla in 2011 was 651 people. By 2016 the population was 683 showing a population growth of 4.9% in the area during that time. The predominant age group in Bulla is 60-69 years. Households in Bulla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bulla work in a trades occupation. In 2011, 84.6% of the homes in Bulla were owner-occupied compared with 88.9% in 2016.
Bulla has 534 properties. Over the last 5 years, Houses in Bulla have seen a 57.32% increase in median value. As at 31 July 2024:
- The median value for Houses in Bulla is $1,248,998 while the median value for Units is $1,086,151.
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