4/5 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 237m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
If its an investment opportunity that you are looking for, look no further. This low maintenance property offers a strong rental return with a fixed term lease and is situated in a convenient location, making it a great pick for the savvy investor. Features include:- 3 bedrooms (walk in robe to the main bedroom & built ins to the minors) - 2 bathrooms complete w/ a spa bath to the ensuite - 2 toilets - Spacious living area - Modern kitchen - Natural gas (cook top, instant hot water system & bayonet for heating) - Evaporative cooling throughout - Patio area - Garden shed - Low maintenance gardens - Convenient location to schools, shops, the Oasis playing fields & recreational centre- 237m2 - Built in 2007- Fixed term lease @ $650.00 per week until March 2024 - Strata levies - $1803.80 per annum - Council rates - $2390.00 per annum approx. - Water rates - $275.00 per annum approx. If you are interested in securing this investment in your portfolio, call us today to arrange an onsite or Facetime inspection!**Conjunctionals WelcomedDisclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy can not be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on the pertinent matters. Details herein do not constitute any representation by the owner or the agent and are expressly excluded from any contract.
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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