3 Somerville LaneRiddells Creek VIC 3431
Property Details for 3 Somerville Lane, Riddells Creek
3 Somerville Lane, Riddells Creek is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 3535m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (March 2024)
- Proposed units comprise 3 bed, 2 bath and double garage.
- To be sold with Plans and Permits for 10 units.
- Land Size 3535m2
- Unless Sold Prior
Information Memorandum - https://vltre.co/OrFlZ5 (copy link to open)
Call David Oliver on 0403 023 706
Property History for 3 Somerville Lane, Riddells Creek, VIC 3431
- 05 Sep 2023Sold for $1,150,000
- 28 Apr 2023Listed for Sale $1,350,000
- 28 Nov 2022Listed for Sale AUCTION - Thursday 6th July - 12pm
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0About Riddells Creek 3431
The size of Riddells Creek is approximately 72.2 square kilometres. It has 3 parks covering nearly 5.3% of total area. The population of Riddells Creek in 2011 was 3,752 people. By 2016 the population was 3,932 showing a population growth of 4.8% in the area during that time. The predominant age group in Riddells Creek is 40-49 years. Households in Riddells Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riddells Creek work in a professional occupation. In 2011, 89.9% of the homes in Riddells Creek were owner-occupied compared with 87.9% in 2016.
Riddells Creek has 2,163 properties. Over the last 5 years, Houses in Riddells Creek have seen a 31.06% increase in median value, while Units have seen a 26.05% increase. As at 30 November 2024:
- The median value for Houses in Riddells Creek is $977,590 while the median value for Units is $578,018.
- Houses have a median rent of $550 while Units have a median rent of $490.
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