1037 Frankston-Flinders Road, Somerville, VIC 3912 | Property Value & History | OnTheHouse
 
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1037 Frankston-Flinders Road
Somerville VIC 3912

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 324m2
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Property Details for 1037 Frankston-Flinders Rd, Somerville

1037 Frankston-Flinders Rd, Somerville is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2013. The property has a land size of 324m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Year Built
2013
Land Size
324m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS707544

Last Listing description (March 2018)

This is the perfect investment property with a reliable tenant and lease in place until December 2018.
The three bedroom home is renovated throughout and features spacious open plan living incorporating lounge, meals and a central kitchen that includes an island bench, gas cooking, double pantry and dishwasher.
All bedrooms have built-in robes. Other features include ducted gas heating, reverse cycle cooling, remote lock-up garage, decked entertaining area and a fenced courtyard.

Situated in a convenient location, all you need to do is sit back and enjoy the returns on this smart investment opportunity.

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Property History for 1037 Frankston-Flinders Rd, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$445,000
12 Jan 2018
Listed for Rent
$350/w
18 Dec 2015
  • 12 Jan 2018
    Sold for $445,000
  • 12 Dec 2017
    Listed for Sale $445,000
  • 04 Feb 2016
    Listed for Sale $350,000.00
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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 5,875 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 16 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.

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