SOLD
Sold on 24 Jun 2024 for $420,000

238 Somerville Road
Kingsville VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 150m2
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Property Details for 238 Somerville Rd, Kingsville

Building Type
Commercial
Year Built
2017
Land Size
150m2
Local Government
Maribyrnong
Lot/Plan
A/PS803134

Last Listing description (August 2024)

Situated in the vibrant and bustling Kingsville neighbourhood.

With a generous 130 sqm of open space.

Securely leased at $30k Per Annum plus Outgoings Plus Gst

Thoughtfully designed with disability facilities as well as benefiting from a secure garage.

Don't miss out on this fantastic opportunity to secure a prime commercial property in Kingsville.

Great investment .

Property History for 238 Somerville Rd, Kingsville, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$420,000
24 Jun 2024
Listed for Rent
$479/w
19 Jan 2024
  • 25 Jun 2024
    Listed for Sale $460,000 - $500,000
  • 24 Jun 2024
    Sold for $420,000
  • 23 Nov 2023
    Listed for Rent $25,000 / year
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About Kingsville 3012

The size of Kingsville is approximately 0.7 square kilometres. It has 3 parks covering nearly 1.2% of total area. The population of Kingsville in 2011 was 3,509 people. By 2016 the population was 3,963 showing a population growth of 12.9% in the area during that time. The predominant age group in Kingsville is 30-39 years. Households in Kingsville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsville work in a professional occupation. In 2011, 59% of the homes in Kingsville were owner-occupied compared with 56.3% in 2016.

Kingsville has 2,221 properties. Over the last 5 years, Houses in Kingsville have seen a 13.36% increase in median value, while Units have seen a 10.18% increase. As at 30 November 2024:

  • The median value for Houses in Kingsville is $1,201,640 while the median value for Units is $529,549.
  • Houses have a median rent of $650 while Units have a median rent of $430.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Kingsville on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Kingsville.

Suburb Insights for Kingsville 3012

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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.