15/17 Eramosa Road W, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

15/17 Eramosa Road W
Somerville VIC 3912

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 108m2
Land area: 24313m2
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Property Details for 15/17 Eramosa Rd W, Somerville

Building Type
Commercial
Floor Size
108m2
Land Size
24313m2
Local Government
Mornington Peninsula

Last Listing description (October 2023)

Situated in a highly sought after retail strip with a historically low vacancy rate these properties provide a rare opportunity for you to purchase or lease your slice of Somerville's bustling retail strip.

Previously occupied by Commonwealth Bank these shops have been fully refurbished and are ready to occupy.

Available to purchase or lease together or separately.

Both retail shops are fully refurbished and feature:

* Total size of 121sqm each
* Ducted heating/Cooling
* Toilet with kitchenette
* 1 carpark each at rear
* Common carparking (front)
* Available for Sale or Lease

For further information or to arrange an inspection, please contact

James Dodge 0488 586 896
Thomas Gordon 0456 353 432

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 15/17 Eramosa Rd W, Somerville, VIC 3912

A timeline of how this property has performed in the market
Listed for Rent
31 Jul 2023
  • 13 Apr 2023
    Listed for Sale Contact Agent
  • 13 Apr 2023
    Listed for Rent - Price not available
  • 19 Jan 2017
    Listed for Rent $22,000 / year
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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 5,860 properties. Over the last 5 years, Houses in Somerville have seen a 18.73% increase in median value, while Units have seen a 14.89% increase. As at 30 April 2026:

  • The median value for Houses in Somerville is $931,434 while the median value for Units is $616,103.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 33 properties listed for sale, and 4 properties 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.