40-48 Hume Highway, Somerton, VIC 3062 | Property Value & History | OnTheHouse
OFF MARKET

40-48 Hume Highway
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 16370m2
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Property Details for 40-48 Hume Hwy, Somerton

Building Type
Commercial
Land Size
16370m2
Local Government
Hume
Lot/Plan
5/PS300173

Last Listing description (August 2018)

CBRE is delighted to present For Lease 40-48 Hume Highway, Somerton.This site is located is a highly exposed position on the Hume Highway providing exceptional access to Cooper Street, the Metropolitan Ring Road and Tullamarine Freeway.Key features include:- Total site area: 16,432sqm*- Total building area: 2,749sqm*- Large frontage onto the Hume Highway close to Cooper Street intersection.- Dedicated display yard to the front of the site and two points of entry/exit- Drive through and drive around warehouse with high clearance gantry crane- Large yard at rear ideal for storage or vehicle parking- Wash bay and triple interceptor- Warehouse has a truck service pit built into the warehouse slabFor further information regarding this site, please contact the agents listed.*approx.

Property History for 40-48 Hume Hwy, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$3,800,000
06 Jul 2006
Listed for Rent
04 Feb 2019
  • 08 Aug 2018
    Listed for Rent - Price not available
  • 22 Jan 2018
    Listed for Rent - Price not available
  • 10 Mar 2017
    Listed for Rent $330,000 / year
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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 724 properties. Over the last 5 years, Units in Somerton have seen a -7.02% decrease in median value. As at 30 June 2026:

  • The median value for Houses in Somerton is $847,712 while the median value for Units is $416,065.
There are currently 1 property listed for sale, and 2 properties listed for rent in Somerton on OnTheHouse. According to Cotality's data, 22 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.