18 Cabernet DriveSomerville VIC 3912
Property Details for 18 Cabernet Dr, Somerville
18 Cabernet Dr, Somerville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 285m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Somerville in the last 12 months.
Last Listing description (March 2024)
Private Inspections Welcome. Positioned in this tightly held exclusive pocket with-in easy reach of everything that makes Somerville special is this wonderful opportunity. Some of the features on offer include but are no way limited to include:
* Three bedrooms
* Ensuite and Walk-in Robe to master bedroom
* Modern Kitchen highlighted by stone benchtops together with ample
cupboard storage, Gas hot plates, Electric wall oven & Dishwasher.
* Gas Ducted Heating + Split System Cooling
* Alfresco entertainment area - Perfect for the summer months ahead.
* Double lock up garage - with internal access.
* Low maintenance gardens.
Less than 5 minutes in the car and you are in the hub of all your shopping needs with Woolworths, Coles and array of local specialty shops. With both primary and secondary schools all with-in walking distance this location is superior.
Investors - This property is one not to be overlooked with a high demand for property in this location. Estimated Rental Return $480 p/w.
For a copy of the section 32 / contract or for any additional property information, just reach out to me - I'm here to help.
This home is now vacant and ready for your quick settlement if required.
Property History for 18 Cabernet Dr, Somerville, VIC 3912
- 17 Jan 2024Sold for $670,000
- 17 Aug 2023Listed for Sale $670,000 - $690,000
- 13 Feb 2019Listed for Rent $415 / week
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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 5,741 properties. Over the last 5 years, Houses in Somerville have seen a 41.76% increase in median value, while Units have seen a 29.03% increase. As at 31 August 2024:
- The median value for Houses in Somerville is $851,438 while the median value for Units is $556,214.
- Houses have a median rent of $580 while Units have a median rent of $505.
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