OFF MARKET

53 Somerset Street
Wantirna South VIC 3152

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 237m2
Land area: 793m2
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Last updated 9 Sep 2024
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Property Details for 53 Somerset St, Wantirna South

53 Somerset St, Wantirna South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1961. The property has a land size of 793m2 and floor size of 237m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
1961
Floor Size
237m2
Land Size
793m2
Local Government
Knox
Lot/Plan
320/LP55967

Last Listing description (September 2018)

Ideally located within easy reach of Studfield shops, Westfield Shopping Centre, sports facilities and schools, this elevated 3 bedroom house with dual living areas has exciting potential for renovation or complete site redevelopment (STCA).

Greeted by a large front porch, the brick veneer house has a single-level layout boasting hardwood floors and high ceilings with decorative cornices. At the front, a lounge room with an open fireplace and ceiling rose adjoins a dining room and the large, open plan kitchen with an electric cooker and timber countertops. A rumpus room with a bar occupies the rear of the home, complementing a generous rear terrace and large, sunny backyard with a northern orientation.

The master bedroom has ample built-in wardrobes and all the bedrooms share a large, mostly-original bathroom and adjacent toilet. A second toilet adjoins the laundry and the home is complete with ducted heating, an air-conditioner, abundant storage and covered parking.

You could embark on restoring the hardwood floors, fireplace and high ceilings to their former glory. Yet the generous block of 793 sqm approx. would suit redevelopment, possibly in favour of 2 new townhouses (STCA) and all close by to Studfield shops, Knox City, schools and transport.

Inspection times and property availability are subject to change without notice. Photo identification required at inspections. Disclaimer. All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries

Property History for 53 Somerset St, Wantirna South, VIC 3152

A timeline of how this property has performed in the market
Last Sold
$816,000
18 May 2018
Listed for Rent
$325/w
05 May 2017
  • 25 Sep 2018
    Listed for Sale Contact Agent
  • 18 May 2018
    Sold for $816,000
  • 02 May 2018
    Listed for Sale Contact Agent
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About Wantirna South 3152

The size of Wantirna South is approximately 14.1 square kilometres. It has 47 parks covering nearly 17.5% of total area. The population of Wantirna South in 2011 was 17,477 people. By 2016 the population was 19,288 showing a population growth of 10.4% in the area during that time. The predominant age group in Wantirna South is 50-59 years. Households in Wantirna South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wantirna South work in a professional occupation. In 2011, 79.4% of the homes in Wantirna South were owner-occupied compared with 75.3% in 2016.

Wantirna South has 9,618 properties. Over the last 5 years, Houses in Wantirna South have seen a 30.89% increase in median value, while Units have seen a 21.62% increase. As at 31 August 2024:

  • The median value for Houses in Wantirna South is $1,228,181 while the median value for Units is $578,750.
  • Houses have a median rent of $620 while Units have a median rent of $560.
There are currently 45 properties listed for sale, and 14 properties listed for rent in Wantirna south on OnTheHouse. According to CoreLogic's data, 311 properties were sold in the past 12 months in Wantirna south.

Suburb Insights for Wantirna South 3152

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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.