49 Bungower RoadSomerville VIC 3912
Property Details for 49 Bungower Rd, Somerville
Last Listing description (April 2018)
Its not often we have a farm with lovely lifestyle as well as excellent income come on the market. With the owner retiring , this is your chance to purchase. Consisting of 35 acres lush acres , which are divided into six paddocks suitable for horses or cattle, the property is located in a wonderful position to live. Handy to all that the Mornington Peninsula has to offer, the lovely large home of five bedrooms , three bathrooms is set back down a long treed driveway and offers a very peaceful setting. The home looks over a pretty dam with large outdoor entertaining areas. With a capacity of 138, 500 birds (at .5 density) the four Tunnel Sheds are in excellent condition and has as a large amount of outdoor shedding for storage. With up to date equipment , Fancom controllers as well as a freezer room it is maintained to a high standard for ease of operation. Call now to arrange inspection
Property History for 49 Bungower Rd, Somerville, VIC 3912
- 25 Apr 2018Listed for Sale $4,195,000
- 12 Aug 2017Sold for $2,100,000
- 16 Dec 2016Listed for Sale Not Disclosed
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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 23.42% increase in median value, while Units have seen a 21.21% increase. As at 31 March 2026:
- The median value for Houses in Somerville is $946,015 while the median value for Units is $627,997.
- Houses have a median rent of $650 while Units have a median rent of $555.
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