FREE Property Report

111 Grant Road,
Somerville VIC 3912

This property is Off Market

All about Somerville Homes for sale in Somerville

The Average property price in this area is $1,044,827, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 7.33 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White UNIT 3, 27 ERAMOSA RD EAST, 600000 3 Beds - 1 Baths - 2 Parking Within 1.3 km Ray White 9 THE KNOLL, 1700000 5 Beds - 3 Baths - 6 Parking Within 1.9 km Stockdale&Leggo UNIT 5, 27 RUBY JOY DR, $1,400,000 - $1,500,000 6 Beds - 2 Baths - 2 Parking Within 2.2 km OneAgency 53A PEMBROKE DR, $286,000 - $313,500 0 Beds - 0 Baths - 0 Parking Within 2.2 km Ray White 39 ROBERT ST, 900002 4 Beds - 2 Baths - 2 Parking Within 2.4 km

Recently Sold Properties in this Area

About Somerville

With an average age of 42, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $350. The average family earns a weekly income of $1,833 with a typical household size of 2.2 and a 98.7% employment rate.

Consistent high demand relative to supply is a key feature in Somerville driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Somerville are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Somerville classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Somerville requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Somerville we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Somerville a better buying opportunity than it may have been in the past.

Public Transport

Leawarra

Somerville train

Cranbourne train

Tyabb Station train

Bittern Station train

Moorooduc

Mornington train

Seaford

Hastings

Stony Point Pier

General Points of Interest

Somerville Shopping Centre

Mornington Railway

The Gateway Shopping Centre

Dinosaur World golf

Devils Bend Golf Course sport

Pelican Park Recreation Centre sport

Baxter Tennis Club sport

Mornington Peninsula Pony Club sport

YMCA Somerville Health and Aquatic Centre

Mulberry Hill National Trust

Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 3166 asthma sufferers and 696 people living with diabetes. In addition, 982 people have a heart/vascular condition and 1852 people live with three or more chronic diseases.

A good place to invest in property?

Somerville a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

52 / 100

Industry

11 / 100

17 / 100

Population

45 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

41 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Somerville Secondary College Somerville Primary School
Kingsley Park Primary School
Frankston, VIC, 3199 State Prep-6
Somerville Rise Primary School
Somerville, VIC, 3912 State Prep-6
Woodleigh School
Langwarrin South, VIC, 3911 Independent Prep-12
Bayside Christian College
Langwarrin South, VIC, 3911 Independent Prep-12
Baxter Primary School
Baxter, VIC, 3911 State Prep-6
Pearcedale Primary School
Pearcedale, VIC, 3912 State Prep-6
Somerville Secondary College
Somerville, VIC, 3912 State 7-12
St Brendan's School
Somerville, VIC, 3912 Independent Prep-6
Mount Erin Secondary College
Frankston South, VIC, 3199 State 7-12
Somerville Primary School
Somerville, VIC, 3912 State Prep-6

Property Story

111 Grant Road, Somerville, Vic, 3912 is a residential property with 4 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated distance to the sea is 7.33km and 0.21KM to vegatation considered to be a factor in bushfire risk.

Local Developments

To see the latest development applications

Join us

Already have an account? Sign in

134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

Report this property

Lawlab logo