SOLD
RECENT ADVICE
Sold on 19 Sep 2024 for $500,000

2/5 Grant Road
Somerville VIC 3912

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 2/5 Grant Rd, Somerville

2/5 Grant Rd, Somerville is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Somerville in the last 12 months.

Building Type
Unit

Last Listing description (September 2024)

Discover your new home with this charming two-bedroom, one-bathroom unit perfect for the first home buyer or anyone looking to downsize, with the added benefit of only $942.34 in body corporate fees last financial year.

Both bedrooms are generous in size, while the sun-filled living room provides a warm and inviting atmosphere, ideal for relaxation and entertaining. Stay comfortable year-round with split system heating and cooling.

This property boasts a double carport with the ability to add a garage door for privacy and security, ensuring convenient parking for you and your guests. Enjoy the great backyard, a place to relax and potter in the garden.

Situated in a perfect location, you will find yourself just a short stroll from shops, trains, buses and schools, making daily life a breeze. Don't miss out on this opportunity to own a wonderful home in an ideal location!

Property History for 2/5 Grant Rd, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$500,000
19 Sep 2024
  • 19 Sep 2024
    Sold for $500,000
  • 19 Jun 2024
    Listed for Sale $500,000.00 - $550,000.00
  • 12 Dec 2014
    Sold for $285,000
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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 5,798 properties. Over the last 5 years, Houses in Somerville have seen a 34.64% increase in median value, while Units have seen a 31.63% increase. As at 30 November 2024:

  • The median value for Houses in Somerville is $841,122 while the median value for Units is $577,067.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 40 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.