40 Bayvista Rise, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

40 Bayvista Rise
Somerville VIC 3912

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 650m2
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Property Details for 40 Bayvista Rise, Somerville

40 Bayvista Rise, Somerville is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 650m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1980
Floor Size
105m2
Land Size
650m2
Local Government
Mornington Peninsula
Lot/Plan
10/LP218525

Last Listing description (August 2023)

On a modest 647 sqm of land, this home is in desperate need of rescue. With a convenient location near amenities & public transport, it's important to note that the property requires extensive work to complete the already started renovations. This presents an incredible opportunity for the spirited renovator, motivated tradie, or first home buyer.

Offering 3 bedrooms ? the master with a walk-in robe & renovated ensuite ? the open plan kitchen has been renovated & requires finishing off, which flows seamlessly into the meals/living areas. The bathroom is modern with a tasteful renovation, but again, some areas still need completion.

Outside, there is a double carport & a covered entertaining area, whilst the large grassed backyard is an ideal space for the kids/pets.

With a little bit of vision & effort, this property has the potential to shine once again.

Renovated homes of similar size are easily selling in the $700s and even in the low $800s (see below examples) ? you cannot go wrong!

30 Wiltshire Drive, Somerville - $750,000

95 Clarendon Drive, Somerville - $760,000

2 Durham Court, Somerville - $765,000

14 Clairmont Close, Somerville - $820,000

48 Clarendon Drive, Somerville - $825,000

Disclaimer: At One Agency Peninsula, we make every attempt to ensure that all information provided about this property is accurate and honest with the information provided by the Vendor, their legal representation and other property sources. Therefore, we cannot accept any responsibility for its true accuracy and advise all potential buyers to seek their own independent advice before proceeding with any property transaction.

Property History for 40 Bayvista Rise, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$650,000
25 Jun 2023
  • 25 Jun 2023
    Sold for $650,000
  • 12 Jun 2023
    Listed for Sale Not Disclosed
  • 12 Sep 2013
    Sold for $340,000
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About Somerville 3912

The size of Somerville is approximately 38.4 square kilometres. There are 30 parks, covering nearly 5.7% of the 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 5,863 properties. Over the last 5 years, Houses in Somerville have seen a 12.56% increase in median value, while Units have seen a 13.38% increase. As at 31 May 2026:

  • The median value for Houses in Somerville is $917,177 while the median value for Units is $613,875.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 266 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.