2/22 Somerville St, Flora Hill is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 91m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
INVEST WISELY OR LIVE AFFORDABLY
Located on popular Somerville Street only a couple of blocks from La Trobe University gives this property a real edge for the wise investor or live-in occupier. The price is right, there is vacant possession and it is a basic two bedroom unit, but with plenty of scope. We believe the rental return should be in the vicinity of $200pw to $210pw. Both bedrooms have built in robes, there is a separate lounge with gas heater; the lounge is adjacent to the kitchen which boasts double sink, gas hot plates and wall oven. There is a smaller meals area, separate laundry and a child friendly bathroom with shower, basin and separate bath. The unit has minimal yard, and is set-up with a body corporate, which means almost maintenance-free living.
Astute buyers take note of this little ripper in a great location of Flora Hill!!
The size of Flora Hill is approximately 2.9 square kilometres. It has 7 parks covering nearly 17.4% of total area. The population of Flora Hill in 2016 was 3955 people. By 2021 the population was 3989 showing a population growth of 0.9% in the area during that time. The predominant age group in Flora Hill is 20-29 years. Households in Flora Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Flora Hill work in a professional occupation.In 2021, 47.90% of the homes in Flora Hill were owner-occupied compared with 44.10% in 2016.
Flora Hill has 2,231 properties. Over the last 5 years, Houses in Flora Hill have seen a 49.62% increase in median value, while Units have seen a 54.98% increase. As at 31 December 2025:
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