117 Freight Drive, Somerton, VIC 3062 | Property Value & History | OnTheHouse
 
OFF MARKET

117 Freight Drive
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1775m2
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Property Details for 117 Freight Dr, Somerton

Building Type
Commercial
Land Size
1775m2
Local Government
Hume
Lot/Plan
2/PS531426

Last Listing description (February 2020)

Modern high clearance & clear span warehouse with a total area of 1150 sqm. rear roller door, large secure front yard with 18 secure, on site car parking spaces. Quality office & amenities. Features a very large front yard . Neat clean and practical - Priced to sell

Currently tenanted until Oct 2019, returning $84K per annum = 6.1% return.

Located directly off Cooper Street, moments to the Hume Highway and only minutes to the Hume Freeway.

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Property History for 117 Freight Dr, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$1,200,000
28 Nov 2019
Listed for Rent
$1.90k/w
22 May 2019
  • 28 Nov 2019
    Sold for $1,200,000
  • 20 Aug 2019
    Listed for Sale Contact Agent
  • 22 Mar 2019
    Listed for Rent - Price not available
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About Somerton 3062

The size of Somerton is approximately 5.4 square kilometres. It has 5 parks covering nearly 0.9% of total area. The population of Somerton in 2016 was 0 people. By 2021 the population was 6 showing a stable population in the area during that time. The predominant age group in Somerton is 50-59 years. Households in Somerton are likely to be repaying under $300 per month on mortgage repayments. In general, people in Somerton work in a clerical occupation.In 2021, 0.00% of the homes in Somerton were owner-occupied compared with 0.00% in 2016.

Somerton has 725 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 31 January 2026:

  • The median value for Houses in Somerton is $856,640 while the median value for Units is $426,793.
There are currently 1 property listed for sale, and 3 properties listed for rent in Somerton on OnTheHouse. According to Cotality's data, 18 properties were sold in the past 12 months in Somerton.

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