OFF MARKET

506 Somerville Street
Buninyong VIC 3357

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 1074m2
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Property Details for 506 Somerville St, Buninyong

506 Somerville St, Buninyong is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1074m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
House
Year Built
1950
Floor Size
90m2
Land Size
1074m2
Local Government
Ballarat
Lot/Plan
18~30/PP5134

Last Listing description (March 2014)

Yesteryear Charm With Massive Potential!
This most appealing 2/3 bedroom character residence is full of surprises! Renovated & extended & boasting an extra large gourmet quality chef's kitchen with 2 drawer dishwasher, stainless steel range hood & appliances, overlooking a spacious open plan living/dining area featuring new split system heating/cooling & centrally located combustion wood heating for cosy winters. Beautiful polished floor boards, excellent paintwork & quality window furnishings confirm that this was truly a labour of love. Features a separate 2 roomed studio/home office or teenage retreat out back with WC, shower & kitchen sink, with separate entry garage /workshop area. Large 1082m2 allotment with wide 20.28 frontage & 54.42 approx depth, still allows room for second dwelling at rear (STCA) with power & sewerage connection points. With a delightful rural outlook at front & still within township precincts, this is absolutely ideal for the adventurous young couple with vision, astute property developer happy to landbank & rent out, or active retiree with a creative flair. Vendors welcome all expressions of interest & will consider flexible settlement terms. All enquiries or for weekday inspections contact Martin Huntley Branch Manager Harcourts Buninyong 0418 464111
Additional feature/s - Property Type: House.

Property History for 506 Somerville St, Buninyong, VIC 3357

A timeline of how this property has performed in the market
Last Sold
$300,000
03 Mar 2014
  • 03 Mar 2014
    Sold for $300,000
  • 28 Feb 2014
    Listed for Sale PRICE BY NEGOTIATION $279,000 - $309,000
  • 04 Nov 2003
    Sold for $114,000

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About Buninyong 3357

The size of Buninyong is approximately 26 square kilometres. It has 15 parks covering nearly 3.6% of total area. The population of Buninyong in 2011 was 3,244 people. By 2016 the population was 3,715 showing a population growth of 14.5% in the area during that time. The predominant age group in Buninyong is 0-9 years. Households in Buninyong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buninyong work in a professional occupation. In 2011, 84.5% of the homes in Buninyong were owner-occupied compared with 82.9% in 2016.

Buninyong has 1,828 properties. Over the last 5 years, Houses in Buninyong have seen a 33.88% increase in median value, while Units have seen a 39.33% increase. As at 31 October 2024:

  • The median value for Houses in Buninyong is $701,596 while the median value for Units is $364,256.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Buninyong on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Buninyong.

Suburb Insights for Buninyong 3357

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.