112A Somerville RoadYarraville VIC 3013
Property Details for 112a Somerville Rd, Yarraville
112a Somerville Rd, Yarraville is a 2 bedroom, 0 bathroom House and was built in 1940. The property has a land size of 196m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Yarraville in the last 12 months.
Last Listing description (November 2023)
Nelson Alexander Commercial are delighted to offer For Private Sale this prime investment property in the heart of Yarraville. Located within the favourable mixed use zone, this outstanding investment opportunity has dual tenancies and offers secure immediate income.
Key Property Features:
- Zoned Mixed Use (MUZ)
- Building Area 178m2 (approx.)
- Flexible Mixed-Use Income of Retail & Residential Leases
- Total Income of $37,284 pa
- Rear Access via ROW
- Short Walk to Yarraville Station
- Easy Access to Major Arterials Such as West Gate Freeway and many more
- Prime Location with Maximum Street Exposure
- Great Investment Opportunity
- Invest or Occupy
For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
Property History for 112a Somerville Rd, Yarraville, VIC 3013
- 11 Dec 2023Sold for $745,000
- 17 Oct 2023Listed for Sale Contact Agent
- 20 Mar 2018Listed for Rent - Price not available
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Yarraville 3013
The size of Yarraville is approximately 5.7 square kilometres. It has 19 parks covering nearly 13.7% of total area. The population of Yarraville in 2011 was 13,747 people. By 2016 the population was 14,989 showing a population growth of 9.0% in the area during that time. The predominant age group in Yarraville is 30-39 years. Households in Yarraville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yarraville work in a professional occupation. In 2011, 66% of the homes in Yarraville were owner-occupied compared with 64.7% in 2016.
Yarraville has 8,463 properties. Over the last 5 years, Houses in Yarraville have seen a 7.85% increase in median value, while Units have seen a 3.09% increase. As at 31 October 2024:
- The median value for Houses in Yarraville is $1,133,766 while the median value for Units is $648,948.
- Houses have a median rent of $660 while Units have a median rent of $550.
Suburb Insights for Yarraville 3013
Market Insights
Yarraville Trends for Houses
N/A
N/A
View TrendN/A
N/A
Yarraville Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
