3/20 Speedwell Street, Somerville, VIC 3912 | Property Value & History | OnTheHouse
 
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3/20 Speedwell Street
Somerville VIC 3912

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 195m2
Land area: 181m2
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Property Details for 3/20 Speedwell St, Somerville

Building Type
Commercial
Floor Size
195m2
Land Size
181m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS742007

Last Listing description (February 2017)

Due to begin construction soon with an estimated completion date of late 2016. Buy now and save thousands on Stamp Duty.
30 Brand new warehouses to be constructed, each with a front office with heating and cooling, amenities block, kitchenette, motorised roller door and on site carparking.
Located in the very popular Somerville Industrial Estate. Minutes from Peninsula Link on ramp.

Contact agent for plans.

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Property History for 3/20 Speedwell St, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$264,000
05 Nov 2015
  • 08 Mar 2016
    Listed for Sale $249,760 + G.S.T
  • 05 Nov 2015
    Sold for $264,000
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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 5,875 properties. Over the last 5 years, Houses in Somerville have seen a 34.44% increase in median value, while Units have seen a 30.40% increase. As at 30 November 2025:

  • The median value for Houses in Somerville is $933,808 while the median value for Units is $617,063.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Somerville.

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