3/5 Bull Way, Somerville is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 233m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
INVEST OR OCCUPYThis property is neat and tidy and very low maintenance. The current tenants are on a periodical lease and are happy to continue with the lease or you can occupy if you wish. The current rental return is 9.95%. Strata Fees are $1803.30pa.Located close to the Oasis Leisure Centre, O?Connor IGA and Primary, Baptist College and the Airport, this property is the ideal starter home or investment.*Open Plan Living and Patio at Rear *3 x 2 with Built-in Robes *Natural Gas for Cooking Heating and Instant HWS *Roof-mounted Air Cooling *Carport at Front.Give Cathy Brabazon a call on 0429 441 369 to arrange viewing.PLEASE NOTE: While every effort has been made to ensure the given information is correct at the time of listing, this information is provided for reference only and is subject to change.
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 1,810 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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