91 Dandenong-Hastings RoadSomerville VIC 3912
Property Details for 91 Dandenong-Hastings Rd, Somerville
Last Listing description (April 2022)
A golden opportunity for a prized combination of rural living whilst also being within minutes from a coastal town, offering a tree change and coastal lifestyle - coming together in perfect harmony on this private and serene property spanning approximately 38.5 acres with highly fertile soil.
This property provides a blank canvas, offering endless opportunities (STCA), take advantage of the unique Zoning of Residential & SUZ 1 Light Industrial all rolled into one.
This is a property with major growth opportunity for land-bankers and astute investors. Potential uses including development of your dream home, an education centre, paddock design for horse activities, farming, livestock or other agricultural pursuits or even Port related industrial/commercial (STCA).
This is a significant and strategic Mornington Peninsula site located at the gateway to Western Port Bay and a short drive to Somerville's town centre only 5 minutes away, with Main Street Mornington town centre just 20 minutes away.
For further details please contact our team today!
Property History for 91 Dandenong-Hastings Rd, Somerville, VIC 3912
- 22 Apr 2024Sold for $1,688,888
- 04 Aug 2021Listed for Sale $2,700,000 - $2,970,000
- 21 Jun 2021Listed for Sale Contact agent
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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.
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