5 Ryan WaySomerville VIC 3912
Property Details for 5 Ryan Way, Somerville
5 Ryan Way, Somerville is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 537m2 and floor size of 204m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (October 2024)
Located within the popular and already partially established, Melrose Terrace Estate, is this titled and ready to be built upon, 537m2 approx. corner parcel of land.
Take advantage of this golden opportunity to purchase land with street frontage and its own title, which is becoming extremely rare on the peninsula!
Build your dream home and join the wonderful community of Somerville! You'll find yourself situated within walking distance to the township, football oval and sporting facilities, public transport, local schools and many other amenities that Somerville has to offer!
The Peninsula Link Freeway is also located conveniently close, with the nearest onramp only 6km (approx.) down the road, making a commute or trip to the city a breeze!
With an abundance of options on offer from leading builders, thanks to a well dimensioned block, you'll have no trouble selecting a floorplan for your new slice of paradise!
If you're ready to live the dream and take advantage of the many perks of building then please contact us today!
Property History for 5 Ryan Way, Somerville, VIC 3912
- 08 Jan 2024Listed for Sale Price by Negotiation over $450,000
- 07 Feb 2018Listed for Sale $450,000
- 31 Jan 2018Sold for $450,000
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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 5,875 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.
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