21 King StreetSomerton VIC 3062
Property Details for 21 King St, Somerton
Last Listing description (November 2024)
Situated directly within 3 thriving residential & industrial suburbs, 21 King Street, Somerton presents a golden and unique opportunity for investors, business owners and developers alike (STCA).
Industrial 1 Zone
Month to month tenancy returning approximately $20,247 per annum
Central location surrounded by established businesses, shops and residential areas
Approximately 25 km from Melbourne CBD
Approximately 16 km from Melbourne Airport
Approximately 8 km from Amazon Robotics Fulfilment Centre
Reach out today to find out more about this impeccably located property and cement yourself in the upcoming opportunity it has to offer.
INSPECTION BY APPOINTMENT ONLY.
Property History for 21 King St, Somerton, VIC 3062
- 28 Jun 2024Sold for $650,000
- 19 Mar 2024Listed for Sale $850,000
- 01 Oct 2020Listed for Rent $17,000 / year
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0About 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 30 November 2025:
- The median value for Houses in Somerton is $836,104 while the median value for Units is $436,994.
Suburb Insights for Somerton 3062
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