Speculation RoadSomerville WA 6430
Property Details for Lot 2784 Speculation Rd, Somerville
Lot 2784 Speculation Rd, Somerville is a 3 bedroom, 2 bathroom House and was built in 1990. The property has a land size of 20257m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (October 2024)
Are you in the market for either a lifestyle block that is ideally located, or a development opportunity that can assist with the scarce housing availability that's being experienced in town?! Lot 2784 Speculation has options, so let's discuss!This monstrous 2.03Ha property has an existing 3x2 home that has been internally refurbished and a 30m x 10m Shed that's equipped with 3 phase power. In addition to this, the property also offers 6 registered horse stables which opens even more doors for potential Buyers.The location of this lot is just another element that adds to the rarity of such listings, with it being so centrally located and on the doorstep of Somerville (one of Kalgoorlie-Boulder's premier suburbs). Only walking distance to Kalgoorlie's CBD, O'Connor Fresh IGA, Goldfields Oasis and multiple schools; the convenience is hard to match.With the zoning recently being updated to Urban Development in LPS02, the development opportunity has become even more extensive; with more options being on the table for potential investors.- 20,234sqm Block Size- Three Bedroom x Two Bathroom Refurbished Home - 30m x 10m Shed (w/ 3 Phase Power)- Recently Had New Fences Installed- Zoned Urban Development- Conveniently Located- 6 Registered Horse Stables- Currently Leased until 01.01.25 @ 900pwCall Elliot TODAY on 0459 221 998 for further information or to schedule a viewing!CKB Rates = $2,079 paWater Rates = $280pa Approx.
Property History for Lot 2784 Speculation Rd, Somerville, WA 6430
- 11 Oct 2024Listed for Sale $1,100,000
- 20 May 2024Listed for Sale Not Disclosed
- 18 Jul 2023Listed for Rent $1,000 / week
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0About Somerville 6430
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:
- The median value for Houses in Somerville is $558,294 while the median value for Units is $318,418.
- Houses have a median rent of $840 while Units have a median rent of $600.
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