Phillip Island is one of Australia's premier tourist holiday and lifestyle destinations. 'Somerset Park' offers the unique opportunity to encompass the Phillip Island lifestyle while farming cattle, sheep, horses or any other form of agricultural interest. Two existing country cottage style dwellings are perfect for permanent residence, B&B or holiday style accommodation. Your own private wetlands/lake, which is a haven for bird & wildlife, has potential for tourism or simply a nature lovers retreat.
'Somerset Park' comprises 100 acres of very gently undulating land with excellent tree cover and is well fenced to 6 paddocks. A secure water supply consists of town water, the lake plus 3 additional stock dams. Heavy duty stockyards provide for easy livestock management.
The main home has 3 bedrooms, 1 bathroom and is a comfortable rendered solid brick country style cottage with some added European features. An exquisite front verandah opens out to a private large, low maintenance lawn area filled with both native and other trees/shrubs. The second cottage has an ideal open plan kitchen/living area with 1 bedroom, 1 bathroom and a timber verandah that overlooks the lovely trees and paddocks. A third building (a removed home) has been previously used as a studio. Shedding consists of a lock-up garage, machinery shed and a workshop.
The size of Rhyll is approximately 16.1 square kilometres. It has 8 parks covering nearly 21.9% of total area. The population of Rhyll in 2011 was 674 people. By 2016 the population was 582 showing a population decline of 13.6% in the area during that time. The predominant age group in Rhyll is 60-69 years. Households in Rhyll are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rhyll work in a trades occupation. In 2011, 80.9% of the homes in Rhyll were owner-occupied compared with 81.8% in 2016.
Rhyll has 722 properties. Over the last 5 years, Houses in Rhyll have seen a 42.56% increase in median value, while Units have seen a 63.37% increase. As at 30 September 2024:
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