OFF MARKET

7 Park Lane
Somerville VIC 3912

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 550m2
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Property Details for 7 Park Lane, Somerville

7 Park Lane, Somerville is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 550m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Land Size
550m2
Local Government
Mornington Peninsula
Lot/Plan
6/LP95988

Last Listing description (December 2021)

Step inside this immaculate, huge family home and be prepared to be impressed!
With high ceilings and grand proportions, this quality-built home offers privacy, loads of character, and spacious living zones that are ideal for the growing family.
Comprising of; 5 bedrooms, master with walk-in robe, formal lounge with ornate fire place there is also ducted heating and cooling, stunning kitchen with walk-in pantry and 5 burner 1200ml, Euromaid free standing oven.

There is a grand formal lounge, separate family room and rumpus, private courtyard, garden shed and double lock-up garage with rear access.
Located so close to town with parks, schools, transport and shops all nearby.
Don't delay, call today!

Property History for 7 Park Lane, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$830,000
07 May 2021
  • 07 May 2021
    Sold for $830,000
  • 14 Apr 2021
    Listed for Sale $830,000
  • 29 Oct 2019
    Listed for Sale $650,000 - $695,000
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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 5,740 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.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to CoreLogic's data, 195 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.