OFF MARKET

5 Somerville Lane
Riddells Creek VIC 3431

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 130m2
Land area: 905m2
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Property Details for 5 Somerville Lane, Riddells Creek

5 Somerville Lane, Riddells Creek is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 905m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1950
Floor Size
130m2
Land Size
905m2
Local Government
Macedon Ranges
Lot/Plan
6/PS520517

Last Listing description (July 2023)

Seamlessly merging the timeless charm of genuine original features with every modern convenience, this gorgeous three bedroom home is set on an easy care 906m2 (approx.) block that includes a secure 6m x 12m powered utility garage with epoxy-coated concrete flooring - perfect for tradies or car enthusiasts, with ample room for 4 vehicles. To the house, lustrous polished timber floorboards underfoot heighten the experience of understated luxury throughout, with high ceilings and sash windows gracing the wonderful living, dining, kitchen, and meals areas. Spacious bedrooms are serviced by a central bathroom with checkerboard flooring, separate bath, and shower, while a powder room adds extra amenity. In the backyard, a covered balcony flows down to the luscious green lawn and concreted driveway accessed from the carport with a secure side gate. Also includes ducted heating, split system air conditioning, wood-fuelled fireplace, built in robes, internal laundry, and a dishwasher. Peacefully located in a prized street within easy walking distance of Riddells Creek township shops, cafes, primary school, train station, gorgeous parks, and playgrounds.

Property History for 5 Somerville Lane, Riddells Creek, VIC 3431

A timeline of how this property has performed in the market
Last Sold
$700,000
30 Jun 2023
  • 30 Jun 2023
    Sold for $700,000
  • 26 May 2023
    Listed for Sale $695,000 - $750,000
  • 25 Jan 2023
    Listed for Sale NEW PRICE $695,000 - $750,000
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About 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.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Riddells creek on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Riddells creek.

Suburb Insights for Riddells Creek 3431

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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.