3/13 Eramosa Road WSomerville VIC 3912
Property Details for 3/13 Eramosa Rd W, Somerville
Last Listing description (September 2021)
Located in a block of 8 shops, directly opposite the Somerville Plaza Shopping Centre with neighbouring tenants such as Woolworths, Australia Post, Subway and many others. Walking distance to the heart of Somerville and Somerville train station.
Investment Details:
+ Long standing tenant
+ 5 year lease commenced 01 Dec 2018
+ 3 x further options of 5 years
+ 84sqm building area
CALL NOW TO ARRANGE AN INSPECTION
PROPERTY MUST BE SOLD
Property History for 3/13 Eramosa Rd W, Somerville, VIC 3912
- 20 Sep 2021Sold for $755,000
- 16 Aug 2021Listed for Sale ON-SITE
- 03 Aug 2019Transferred
Recent sales nearby
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0About 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.
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