48 Melrose Terrace, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

48 Melrose Terrace
Somerville VIC 3912

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 550m2
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Property Details for 48 Melrose Tce, Somerville

48 Melrose Tce, Somerville is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 550m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2016
Land Size
550m2
Local Government
Mornington Peninsula
Lot/Plan
56/PS715101

Last Listing description (May 2022)

Just five years old and still presenting like a brand-new home, this stunning four-bedroom residence couples contemporary elegance with clever design over a spacious, free-flowing single level spilling out to a heavenly outdoor entertaining area and gorgeous landscaped gardens.

High ceilings, generous light-filled spaces and timeless timber flooring unite to invite an immediate sense of calm with family-friendly zoning, high-end finishes, a lifestyle-lover's layout and coastal luxe aesthetic.

A luminous living area in the heart of the home is moored by a modern kitchen with stone benchtops and stainless-steel Westinghouse appliances, while an entire wall of sliding stacker doors opens to a covered deck with alfresco kitchen and wine fridge, sun terrace and fully fenced lawn flanked by bamboo.

A second lounge through double doors off the entry would also make a fabulous office space for those who work from home and is awash in superb natural light via tall north-facing windows.

The master bedroom showcases resort-style luxury with sliding glass doors to the deck, a penthouse-style dressing room and chic ensuite with dual-head shower, while the three comfortable junior bedrooms are cradled down a separate hall with a full second bathroom with soaker tub.

Walking distance to both the primary and secondary schools, as well as parks, playgrounds, restaurants, takeaways, the train station and the major shopping of Somerville Plaza, this enviable offering delivers a lifestyle package you'll never want to leave.

Homes and Acreage is proud to offer this property for sale. To arrange an inspection or for further information, please contact Candice Blanch on 0447 188 469 or Amber Sealey on 0438 933 111.

Features:
900mm Westinghouse oven
Westinghouse dishwasher
Plumbing for fridge
Walk-in pantry
Covered entertainer's deck
Alfresco kitchen with BBQ & wine fridge
Travertine sun patio
Landscaped gardens
Luxe master suite with sliders to deck
Zoned junior wing with family bathroom
Video intercom, alarm & cctv system
Double garage with drive-through access

Property History for 48 Melrose Tce, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$1,121,000
27 Mar 2022
  • 23 May 2022
    Listed for Sale $1,000,000 - $1,100,000
  • 27 Mar 2022
    Sold for $1,121,000
  • 18 Mar 2022
    Listed for Sale $1,000,000 - $1,100,000
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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 5,877 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 19 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 278 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.