SOLD
Sold on 18 Apr 2024 for $400,000

Somerville Road
Yarraville VIC 3013

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 857m2
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Property Details for Lot 10 Somerville Rd, Yarraville

Lot 10 Somerville Rd, Yarraville is a 1 bedroom, bathroom Unit. The property has a land size of 857m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Yarraville in the last 12 months.

Building Type
Unit
Land Size
857m2
Local Government
Maribyrnong
Lot/Plan
10/RP3946

Property History for Lot 10 Somerville Rd, Yarraville, VIC 3013

A timeline of how this property has performed in the market
Last Sold
$400,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $400,000
  • 30 May 2023
    Transferred

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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 8,501 properties. Over the last 5 years, Houses in Yarraville have seen a 17.77% increase in median value, while Units have seen a 10.59% increase. As at 31 August 2024:

  • The median value for Houses in Yarraville is $1,140,356 while the median value for Units is $661,440.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Yarraville on OnTheHouse. According to CoreLogic's data, 333 properties were sold in the past 12 months in Yarraville.

Suburb Insights for Yarraville 3013

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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.