254 Jones Road, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

254 Jones Road
Somerville VIC 3912

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 134m2
Land area: 781m2
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Property Details for 254 Jones Rd, Somerville

254 Jones Rd, Somerville is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 781m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
House
Floor Size
134m2
Land Size
781m2
Local Government
Mornington Peninsula
Lot/Plan
8/LP94737

Last Listing description (August 2024)

First time offered for sale in 40 years is this original, humble home ready to be transformed. Positioned in a convenient location within a short walk to all that Somerville has to offer makes this an appealing opportunity for the spirited renovator or developer.

We agree the home does need immediate attention; how much or how little is totally up to you. Despite being all original, structurally, it seems to be fine. Providing 3 bedrooms with built-in robes, 2 bathrooms and original basic kitchen all in need of repair/renovation, a meals area, and a spacious front lounge.

The land is reasonably flat, with a 7m side access and no known easements to contend with, presents a fantastic opportunity for subdivision (S.T.C.A). There is a double carport and a steel garage/shed with power and concrete floor positioned at the rear of the block.

Homes of this size on similar land proportions (785sqm) are easily selling for high $700s, and if renovated well into the $800s this is a solid investment opportunity not to be overlooked- you wont go wrong!

Disclaimer: At Area Specialist, we strive to provide accurate and honest information about this property. However, we rely on information provided by the Vendor, their legal representation, and other property sources, and therefore cannot accept any responsibility nor guarantee the absolute accuracy of the information. We advise all potential buyers to conduct their own due diligence and seek independent advice before proceeding with any property transaction.

Property History for 254 Jones Rd, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$640,000
21 May 2024
  • 21 May 2024
    Sold for $640,000
  • 25 Apr 2024
    Listed for Sale CONTACT AGENT
  • 30 Jan 2013
    Transferred
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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 5,879 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.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 273 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.