7 New Street, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

7 New Street
Somerville VIC 3912

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 131m2
Land area: 660m2
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Property Details for 7 New St, Somerville

7 New St, Somerville is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 660m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last transferred in October 2017.

Building Type
House
Year Built
1980
Floor Size
131m2
Land Size
660m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP122276

Last Listing description (June 2014)

First Home Finesse
Commanding a coveted corner position opposite Somerville Recreation Reserve and walking distance to shops, Somerville train station and schools, this light-filled single-level residence is surrounded by desirable family focused amenities and designed for comfort. A first class foot in the door for first home buyers or an outstanding addition to a property investment portfolio, the quiet home resides on an impressive 676m2, approx, with frontage and driveway access to Clarinda Street. A sunlit living room overlooking an outdoor entertaining terrace enjoys the comfort of reverse-cycle air conditioning supplemented by wall heating; while a separate kitchen with a meals area is well appointed. A glassed rumpus room overlooking and opening to the deep rear garden caters to much desired zoned living. Three bedrooms, all with built-in robes, are served by an efficient bathroom. A tandem carport, further off-street parking and a handy garden shed are additional assets. Alternatively maximise the large allotment with a unit/townhouse development, STCA, and capitalise on a great buy in a sought-after location.
Additional feature/s - Built-In Wardrobes.

Property History for 7 New St, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Transferred
28 Oct 2017
  • 28 Oct 2017
    Transferred
  • 09 Jun 2014
    Sold for $330,000
  • 05 May 2014
    Listed 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 5,875 properties. Over the last 5 years, Houses in Somerville have seen a 23.76% increase in median value, while Units have seen a 24.45% increase. As at 28 February 2026:

  • The median value for Houses in Somerville is $946,900 while the median value for Units is $628,552.
  • Houses have a median rent of $650 while Units have a median rent of $555.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 264 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.