349 Somerville RoadYarraville VIC 3013
Property Details for 349 Somerville Rd, Yarraville
349 Somerville Rd, Yarraville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 247m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (November 2012)
Solid Investement with future Potential
This fully leased shop is a great investment in this great shopping strip with transport and passing trade a plenty.
Enjoying a great tenant this property is leased to a Kingsville Pharmacy and Returning $1750 plus outgoings per calender month with a review in September.
Inspection by appointment.
Property History for 349 Somerville Rd, Yarraville, VIC 3013
- 10 Mar 2021Sold for $630,000
- 16 Oct 2012Sold for $450,000
- 07 Sep 2012Listed for Sale $450,000
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About 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.
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