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Sold on 29 Jun 2024 - Price Unavailable

1005 Frankston-Flinders Road
Somerville VIC 3912

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2500m2
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Property Details for 1005 Frankston-Flinders Rd, Somerville

1005 Frankston-Flinders Rd, Somerville is a 0 bedroom, 0 bathroom House and was built in 2004. The property has a land size of 2500m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Somerville in the last 12 months.

Building Type
House
Year Built
2004
Land Size
2500m2
Local Government
Mornington Peninsula
Lot/Plan
6/LP143909

Last Listing description (September 2024)

Welcome to 1005a Frankston Flinders Road, Somerville, a rare 2,500m vacant land opportunity. This expansive alotment offers endless possibilities for your dream project.

Situated in the heart of Somerville, this 2,500m vacant land parcel is a canvas awaiting your vision. Whether you envision building your dream home, investing in a promising development, or a business venture, this property provides the space and versatility you need.

The tranquil surroundings and scenic beauty add to the appeal of this location, making it an excellent investment opportunity. With essential infrastructure in place, including utilities and road access, the path to realising your project is clear.

Don't let this exceptional opportunity slip away. Contact us today to explore the potential of 1005a Frankston Flinders Road, Somerville. Your future begins here.

Property History for 1005 Frankston-Flinders Rd, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
29 Jun 2024
  • 29 Jun 2024
    Sold
  • 18 Apr 2024
    Listed for Sale $900,000 - $990,000
  • 04 Oct 2023
    Listed for Sale $900,000 - $990,000
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About Somerville 3912

The size of Somerville is approximately 38.4 square kilometres. It has 30 parks covering nearly 5.7% of total area. The population of Somerville in 2011 was 10,730 people. By 2016 the population was 11,340 showing a population growth of 5.7% in the area during that time. The predominant age group in Somerville is 50-59 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation. In 2011, 78.2% of the homes in Somerville were owner-occupied compared with 77.3% in 2016.

Somerville has 5,794 properties. Over the last 5 years, Houses in Somerville have seen a 35.71% increase in median value, while Units have seen a 29.59% increase. As at 31 October 2024:

  • The median value for Houses in Somerville is $837,136 while the median value for Units is $560,955.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Somerville.

Suburb Insights for Somerville 3912

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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.