19/4 Ochiltree St, Somerville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 152m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
This two-bedroom one-bathroom self-contained unit comes fully furnished, located in a quiet complex in Somerville. Featuring a spacious living room, walk in robes to both great sized bedrooms, central bathroom/laundry with a bath/shower and separate toilet, open plan kitchen/dining with ample storage overlooking the easy-care backyard. Complex comes with one undercover parking. Currently on a corporate lease of $1,825.00 PCM until 17th June, 2024, showing 10% gross return.
Features
2 Bedrooms
Strata Fees - $347.85 per qtr
Reserve Fees - $162.30 per qtr
Rates - $1988.44 per yr
Please contact Norm Sharp on 0418 935 980 for more information.
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15% of total area. The population of Somerville in 2011 was 3,811 people. By 2016 the population was 4,134 showing a population growth of 8.5% in the area during that time. The predominant age group in Somerville is 40-49 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, 58.6% of the homes in Somerville were owner-occupied compared with 59% in 2016.
Somerville has 1,809 properties. Over the last 5 years, Houses in Somerville have seen a 41.91% increase in median value, while Units have seen a 72.41% increase. As at 31 October 2024:
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