11 Eramosa Road E, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

11 Eramosa Road E
Somerville VIC 3912

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 138m2
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Property Details for 11 Eramosa Rd E, Somerville

Building Type
Commercial
Floor Size
120m2
Land Size
138m2
Local Government
Mornington Peninsula
Lot/Plan
1/SP24597

Last Listing description (July 2017)

Food/retail shop available for lease.
Currently being operated as a Indian takeaway restaurant.
Fit-out and equipment less than two years old. An inspection will impress.

Shop fitted with a grease-trap and air conditioning.
Save thousands with tenants equipment available for Sale.
Located on the tightly help Somerville Commercial precinct, Join the likes of Commonwealth Bank, NAB, IGA and many more !
Contact Agent for inspection.

Property History for 11 Eramosa Rd E, Somerville, VIC 3912

A timeline of how this property has performed in the market
Listed for Rent
$594/w
20 Jun 2017
  • 13 Apr 2017
    Listed for Rent $31,000 / year
  • 16 Jan 2017
    Listed for Rent $31,000 / year
  • 27 Apr 2015
    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 5,876 properties. Over the last 5 years, Houses in Somerville have seen a 23.42% increase in median value, while Units have seen a 21.21% increase. As at 31 March 2026:

  • The median value for Houses in Somerville is $946,015 while the median value for Units is $627,997.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 30 properties listed for sale, and 1 property listed for rent in Somerville on OnTheHouse. According to Cotality's data, 255 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.