2/195 Hume Highway, Somerton, VIC 3062 | Property Value & History | OnTheHouse
OFF MARKET

2/195 Hume Highway
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3954m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 2/195 Hume Hwy, Somerton

Building Type
Commercial
Land Size
3954m2
Local Government
Hume
Lot/Plan
2/PS732034

Last Listing description (July 2019)

Exceptional opportunity with long term growth.

-Brand new factory/office.

-On site car park.
-Lease $231,000 per annum.
-100% outgoings paid by tenant.
-Depreciation allowances.
-Net yield: 6.6%
- 1980 sqm

UNDER NEGOTIATION

Property History for 2/195 Hume Hwy, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$1,050,000
01 Sep 2014
  • 03 Jul 2019
    Listed for Sale Contact Agent
  • 01 Sep 2014
    Sold for $1,050,000
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About Somerton 3062

The size of Somerton is approximately 5.4 square kilometres. There are 5 parks, covering nearly 0.9% of the 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 over $4000 per month on mortgage repayments. In general, people in Somerton work in a machinery operators and drivers occupation.In 2021, 0.00% of the homes in Somerton were owner-occupied compared with 0.00% in 2016.

Somerton has 722 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 30 April 2026:

  • The median value for Houses in Somerton is $856,024 while the median value for Units is $416,811.
There are currently 2 properties listed for sale, and 1 property listed for rent in Somerton on OnTheHouse. According to Cotality's data, 24 properties were sold in the past 12 months in Somerton.

Suburb Insights for Somerton 3062

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.