41 Somerville LaneRiddells Creek VIC 3431
Property Details for 41 Somerville Lane, Riddells Creek
Last Listing description (December 2023)
Positioned on a level half-acre block in gorgeous Riddells Creek, this family home presents a prime opportunity for astute buyers. Its comfortable as is, while delivering outstanding scope to update or subdivide (STCA).
This residence has been tightly held by the same owner for 30 years, which speaks volumes about its marvellous location. Wave to the friendly neighbours as you stroll into town, where you can grab a morning coffee, pick up groceries or dine at popular eateries. And its all under an hour from the city by train or car.
A walk down the hall reveals three carpeted bedrooms offering ceiling fans and floor-to-ceiling windows. The master enjoys a walk-in, while the other bedrooms have built-ins. Theres also a neat two-way bathroom providing a shower and tub, with a separate toilet adjoining.
Finally, wander out to the secure backyard, where the owners dream to create a peaceful haven has been realised. Pick an apple, plum, fig or apricot from the orchard, then relax in the gazebo as you admire the honeysuckle and roses in bloom.
Youll also appreciate the extra features of this home, including a lock-up garage, driveway parking, solar panels and a shed.
If youre seeking terrific potential, convenience and enviable living, this is a property worthy of your attention.
This is a must view property!
Property History for 41 Somerville Lane, Riddells Creek, VIC 3431
- 09 Nov 2023Sold for $940,000
- 03 Oct 2023Listed for Sale Not Disclosed
- 25 Mar 1993Sold for $45,000
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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 2,139 properties. Over the last 5 years, Houses in Riddells Creek have seen a 45.03% increase in median value, while Units have seen a 28.13% increase. As at 31 October 2024:
- The median value for Houses in Riddells Creek is $1,028,537 while the median value for Units is $581,520.
- Houses have a median rent of $555 while Units have a median rent of $485.
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