49 Somerville StreetFlora Hill VIC 3550
Property Details for 49 Somerville St, Flora Hill
49 Somerville St, Flora Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 669m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (July 2019)
Only 2km from the centre of town, this 1960s cream brick veneer home is the Holy Grail for first home buyers wanting to gain a footing in the market, as well as a proven performer for investors. Substantial, solid, spacious, affordable, great location, three bedrooms, heating, cooling, partly refurbished - the list goes on. Cosmetically you may find a few things here and there to update, but there is no denying this is a home you can walk into and start living.
As soon as you hear Flora Hill you know the location is first-rate. If you enjoy walking or cycling to work, you'll find it's not a very long trek to the CBD. Strath Village and Kennington Village are just up the hill, and the Bendigo Marketplace and train station are even closer should you fancy heading a different direction.
Part of the charm of homes of this vintage is the generous room sizes. All three bedrooms are spacious, the main bedroom would easily cater for a king sized suite. The living room adjoins the open plan kitchen/meals area, which are all lovely and bright due to the large picture windows.
A little bit of elbow grease will see the double garage really come to life, though it's perfectly functional as is with two single roller doors and storage shelves. Add a lick of paint to spruce things up, bring in a pool table, some comfy couches and a few friends and you will have an additional entertaining space.
The home is ready for owner occupiers to move straight in, though if you're an investor you may be interested in the $320 per week rental return, and our current selection of good tenants should you like our help to lease the property.
Property History for 49 Somerville St, Flora Hill, VIC 3550
- 17 Jun 2019Sold for $340,000
- 15 May 2019Listed for Sale Not Disclosed
- 22 Jan 2018Listed for Rent - Price not available
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0About 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 2,208 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.
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