OFF MARKET

45 Somerville Street
Flora Hill VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 559m2
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Property Details for 45 Somerville St, Flora Hill

45 Somerville St, Flora Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1954. The property has a land size of 559m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1954
Floor Size
138m2
Land Size
559m2
Local Government
Greater Bendigo
Lot/Plan
1/TP80886

Last Listing description (March 2024)

Situated in an exceptional location providing convenient living, is this impressive, rendered brick three bedroom residence which offers an appealing list of features, that are sure to attract the interest of a variety of buyers in the market today.

*An important note to consider is the corner allotment, which measures approximately 559m2 in size, already comprises 2 Lot numbers which could appeal to anyone looking at future development potential (subject to relevant council checks and approvals). Please conduct your own due diligence into this matter if it's important to you - a Section 32 is available.

- Floorplan comprises an open plan kitchen/dining area, spacious adjoining formal lounge, three large bedrooms, plus separate bathroom and laundry facilities.

- Further attributes include beautiful, polished timber floors, high ceilings, decorative cornices, and updated kitchen.

- Single garage/workshop for car accommodation. The corner allotment provides side access and entry (via Hammer Street) to securely keep your vehicles, trailers, boats or caravan off the street.

- Conveniently located just 5 minutes' drive to Bendigo CBD and very close proximity to La Trobe University, Bendigo South East College (school), childcare and medical facilities, and also a variety of recreational/sporting facilities.

Currently rented to an exceptional tenant for those looking to commence or expand their investment property portfolio, or for anyone who is in the exciting phase of purchasing as a home, vacant possession can also be arranged.

Property History for 45 Somerville St, Flora Hill, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$490,000
20 Nov 2023
Listed for Rent
$300/w
01 Sep 2018
  • 20 Nov 2023
    Sold for $490,000
  • 05 Sep 2023
    Listed for Sale Not Disclosed
  • 30 Apr 2022
    Transferred
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About Flora Hill 3550

The size of Flora Hill is approximately 2.9 square kilometres. It has 7 parks covering nearly 17.4% of total area. The population of Flora Hill in 2011 was 3,865 people. By 2016 the population was 3,948 showing a population growth of 2.1% in the area during that time. The predominant age group in Flora Hill is 20-29 years. Households in Flora Hill are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Flora Hill work in a professional occupation. In 2011, 50.7% of the homes in Flora Hill were owner-occupied compared with 44.1% in 2016.

Flora Hill has 2,207 properties. Over the last 5 years, Houses in Flora Hill have seen a 48.63% increase in median value, while Units have seen a 35.16% increase. As at 31 October 2024:

  • The median value for Houses in Flora Hill is $565,617 while the median value for Units is $358,888.
  • Houses have a median rent of $450 while Units have a median rent of $395.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Flora hill on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Flora hill.

Suburb Insights for Flora Hill 3550

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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.