116 Bungower RoadSomerville VIC 3912
Property Details for 116 Bungower Rd, Somerville
Last Listing description (August 2021)
*INSPECT BY PRIVATE APPOINTMENT*
Yes, rub your eyes you not seeing things - Acreage! with an entry-level price tag! How can you go wrong!
For Sale for the first time in 37 years (one owner home) and sitting on 5001sqm - just over an acre, is this humble home in need of a makeover and desperate repair in some areas.
Please understand the home does need a lot of work which may be too much for some, but for others, they will thrive on the challenge of what could be. Renovated homes of this size on an acre in Somerville are now achieving well over $1,400,000, so rest assured this property will return a profit the minute its renovated.
On offer, we have 4 bedrooms, the master with walk-in robe and ensuite whilst the others all provide bir's. There are 2 separate living zones, a central functional kitchen (updated around 10 years ago), a dining space and daily meals area and a neat main bathroom.
Outside we have a blank canvass for you to make your own mark. There is a double carport, a single high carport, garden/storage sheds and a large workshop/shed.
*Solar panels with battery (little to no bills) *Gas wall heater *Box air conditioner *Waste Disposal Treatment plant
Ideally located just a few minutes drive into Somerville, where all the amenities are at your fingertips.
Property History for 116 Bungower Rd, Somerville, VIC 3912
- 12 Jan 2023Sold for $1,270,000
- 01 Aug 2021Sold for $970,000
- 14 Jul 2021Listed for Sale $970,000
Recent sales nearby
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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 5,880 properties. Over the last 5 years, Houses in Somerville have seen a 31.47% increase in median value, while Units have seen a 27.63% increase. As at 31 December 2025:
- The median value for Houses in Somerville is $938,275 while the median value for Units is $619,961.
- Houses have a median rent of $650 while Units have a median rent of $565.
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