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

44 Freight Drive
Somerton VIC 3062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4502m2
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Property Details for 44 Freight Dr, Somerton

Building Type
Land
Land Size
4502m2
Local Government
Hume
Lot/Plan
1/PS841573

Last Listing description (February 2023)

Freight Drive sets a new benchmark for business parks, differentiating itself from its competitors North of Melbourne, through first-rate structural design, affordability and a range of facilities and amenities to suit a broad range of business opportunities.

Freight Drive Business Park consists of 34 state-of-the-art warehouses to be delivered across two stages, all warehouses will include modern office space, ample car parking, and a range of features and amenities for those wanting to be part of a booming business community. Based in the heart of Somerton, Freight Drive is conveniently located 30km from the CBD, and a stone's throw away from the Melbourne Fruit and Vegetable Market. With its wide streets, ample parking space and exceptional warehouse & office facilities, Freight Drive Business Park is situated amongst a thriving industrial and business suburb.


Freight Drive Business Park is developed by Miravor Property Group, a family business located in South Yarra. Miravor invests both professionally and personally in the projects they develop and oversee. This intimate and experienced approach is the backbone to Miravor Property Group's business.

Features:
- Available sizes ranging from 199sqm* - 973sqm*
- Industrial Zone 1
- Available for immediate purchase
- Three-phase electric power
- Mezzanine levels and or ground floor spaces
- Provision for business signage for each warehouse
- Development aligns with environmental standards
- Practical completion Q3/Q4 2022


For further information please contact the agents below.

*Approx

Property History for 44 Freight Dr, Somerton, VIC 3062

A timeline of how this property has performed in the market
Last Sold
$1,782,000
16 Apr 2021
  • 06 Dec 2021
    Listed for Sale Contact Agent
  • 16 Apr 2021
    Sold for $1,782,000
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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.

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.