1 One Chain RoadSomerville VIC 3912
Property Details for 1 One Chain Rd, Somerville
1 One Chain Rd, Somerville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a floor size of 226m2.
Last Listing description (December 2015)
Melrose Terrace Estate
The Melrose Terrace Estate Somerville includes a variety of lot sizes up to 773m2 approx and is located close to a range of amenities including:
- A Short drive to the local shopping precinct with a variety of shopping centres available with specialty stores.
- Sporting facilities, train station, bus service, an array of local schools Public & Private.
- Only minutes drive to the new Peninsula Link, 45 Minutes to CBD.
- Protective Covenants, Title Release Expected Early 2016.
Prices Start From $265,000
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Property History for 1 One Chain Rd, Somerville, VIC 3912
- 10 Jan 2015Listed for Sale $265,000
- 16 Dec 2014Listed for Sale PRICES START FROM $265,000
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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 5,877 properties. Over the last 5 years, Houses in Somerville have seen a 28.08% increase in median value, while Units have seen a 24.36% increase. As at 31 January 2026:
- The median value for Houses in Somerville is $949,191 while the median value for Units is $620,171.
- Houses have a median rent of $650 while Units have a median rent of $565.
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