1/8 Raymond Street, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

1/8 Raymond Street
Somerville VIC 3912

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 230m2
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Property Details for 1/8 Raymond St, Somerville

1/8 Raymond St, Somerville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 230m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2000
Floor Size
83m2
Land Size
230m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS431245

Last Listing description (November 2021)

Nestled behind a lush frontage and a secure brick feature fence, sits this neat and cosy two-bedroom villa, perfectly positioned on a low-maintenance 244sqm (approx.) allotment, to deliver a slow-paced country-style way of life. Enjoy all the conveniences Somerville offers, including easy public transport options and an array of shopping opportunities, all within a short walking distance.

Cascading from front to back presents a warm and functional floorplan designed for intimate living. An entrance flanked by two generous bedrooms (BIRs), one comprising an ensuite with dual access, opens to the heart of the home, allowing for modern-style open-plan living. Offering a comfortable lounge, enlightened dining area, and spacious kitchen with sizeable breakfast bar and views to the private rear courtyard.

Spilling out through glass sliders, a private and secure rear courtyard provides further living space; the perfect place for morning coffee whilst reading the newspaper or hosting a summer BBQ with friends.

Additional features; GDH, evaporative cooling, separate W/C and generous laundry with plenty of storage and rear access. Single car garage with internal and pedestrian access to the rear yard and studio.

Offering a relaxed lifestyle amongst a tight-knit community with easy access to local playgrounds, beautiful nature reserves and walking tracks, this comfortable home is enviably situated within a short drive to easy freeway access and well-regarded schools.

A perfect opportunity for investors as the property is being sold with a 5 year, $350 per week Residential Tenancy Agreement in place.

Property History for 1/8 Raymond St, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$417,500
11 Nov 2021
Listed for Rent
$280/w
28 Aug 2013
  • 11 Nov 2021
    Sold for $417,500
  • 04 Nov 2021
    Listed for Sale $410,000 - $450,000
  • 08 Aug 2013
    Listed for Rent - Price not available
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About Somerville 3912

The size of Somerville is approximately 38.4 square kilometres. It has 30 parks covering nearly 5.7% of total area. The population of Somerville in 2016 was 11336 people. By 2021 the population was 11767 showing a population growth of 3.8% in the area during that time. The predominant age group in Somerville is 50-59 years. Households in Somerville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Somerville work in a trades occupation.In 2021, 79.80% of the homes in Somerville were owner-occupied compared with 77.30% in 2016.

Somerville has 5,874 properties. Over the last 5 years, Houses in Somerville have seen a 34.44% increase in median value, while Units have seen a 30.40% increase. As at 30 November 2025:

  • The median value for Houses in Somerville is $933,808 while the median value for Units is $617,063.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Somerville.

Suburb Insights for Somerville 3912

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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.