OFF MARKET

2/195 Hume Highway
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7885m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 2/195 Hume Hwy, Somerton

Building Type
Commercial
Land Size
7885m2
Local Government
Hume
Lot/Plan
2/PS732034

Last Listing description (July 2019)

Exceptional opportunity with long term growth.

-Brand new factory/office.

-On site car park.
-Lease $231,000 per annum.
-100% outgoings paid by tenant.
-Depreciation allowances.
-Net yield: 6.6%
- 1980 sqm

UNDER NEGOTIATION

Property History for 2/195 Hume Hwy, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$1,050,000
01 Sep 2014
  • 03 Jul 2019
    Listed for Sale Contact Agent
  • 01 Sep 2014
    Sold for $1,050,000

Commute Calculator

About Somerton 3062

The size of Somerton is approximately 5.4 square kilometres. It has 5 parks covering nearly 0.9% of total area. The population of Somerton in 2006 was 4 people. By 2011 the population was 3 showing a population decline of 25.0% in the area during that time. The predominant age group in Somerton is 60-69 years. In general, people in Somerton work in a trades occupation..

Somerton has 751 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 30 September 2024:

  • The median value for Houses in Somerton is $802,324 while the median value for Units is $406,011.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Somerton on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Somerton.

Suburb Insights for Somerton 3062

Market Insights
Somerton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Somerton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.