60 Bungower Road, Somerville, VIC 3912 | Property Value & History | OnTheHouse
 
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60 Bungower Road
Somerville VIC 3912

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 160m2
Land area: 32627m2
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Property Details for 60 Bungower Rd, Somerville

Building Type
Land
Year Built
1970
Floor Size
160m2
Land Size
32627m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS546474

Last Listing description (September 2021)

*Buyers must register to attend the the ONLINE auction*

A strategic corner site with high visibility and thousands of passing vehicles each day, unlock the potential of this exciting 8 acre (approx) blank canvas.

With Special Use zoning related to the Port of Hastings and a range of permitted agricultural uses, explore the possible activities that would benefit from such a high exposure position.

Including a four-bedroom residence ripe for renovation, rich sandy loam soil and two dams, there is potential for horticulture, primary produce sales, an education centre, boat and caravan storage (STCA) or simply as a hobby farm with ample space for horses or other animals.

The existing home includes four bedrooms, an L-shaped lounge and dining area, kitchen with electric stove, large master bedroom with retreat lounge area and two wood heaters, or why not start again and build a brand new residence and create a fantastic rural lifestyle.

Just minutes from shops and school and 50 minutes from the city, there is also a double garage, 20,000 litre water tank and a motorcross track for bike enthusiasts.

Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au

Features:
High-exposure position
8 fertile acres
Sandy loam soil
2 dams
4BR residence
Potential to renovate
L-shaped lounge/dining
Kitchen/meals
Electric stove
Large master bedroom
Family bathroom
Double garage

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Property History for 60 Bungower Rd, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$1,410,000
25 Sep 2021
  • 25 Sep 2021
    Sold for $1,410,000
  • 23 Jul 2021
    Listed for Sale ONLINE AUCTION SAT 25 @ 3PM
  • 18 Feb 2013
    Sold for $610,000
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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 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.
There are currently 32 properties listed for sale, and 1 property listed for rent in Somerville on OnTheHouse. According to Cotality's data, 254 properties were sold in the past 12 months in Somerville.

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