7 Oakbank Place, Somerville, VIC 3912 | Property Value & History | OnTheHouse
OFF MARKET

7 Oakbank Place
Somerville VIC 3912

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 146m2
Land area: 589m2
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Property Details for 7 Oakbank Pl, Somerville

7 Oakbank Pl, Somerville is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 589m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
House
Year Built
2005
Floor Size
146m2
Land Size
589m2
Local Government
Mornington Peninsula
Lot/Plan
31/PS303554

Last Listing description (April 2025)

Perfectly poised for an easy refurbishment to bring it into the modern day or to undergo an extension to suit your familys needs, this three-bedroom home offers rare affordability and a life of incredible convenience just a stones throw from the heart of Somerville township with its sizeable shopping plazas, train station, schools and sporting grounds.

With a wide frontage providing wonderful street appeal, the home presents broad appeal for couples or families starting out, scaling down or positioning themselves for their busy growing years, with spacious indoor and outdoor living spaces and a fabulous yard for children to play, while around the corner is a lovely reserve and childrens playground.

With ducted heating, split system airconditioning and window awnings for year round comfort, a generous lounge with plush carpet and drapes and easy flow into the open dining area where a glass sliding door opens to an extensive alfresco terrace under a high pitched pergola with space for summer entertaining and outdoor lounging overlooking the rear gardens.

An all original kitchen offers an electric stove and large fridge cavity, while down the hall three bedrooms are serviced by a two-way bathroom which gives direct access to the parents bedroom, as well as a powder room.

In a highly sought court location, a wide driveway provides great parking space out front, while a single garage has a rear roller door allowing you to drive through your trailer or camper through to a secure covered patio.

Extensive alfresco entertaining pergola
Ducted heating & split system airconditioning
Kitchen with electric stove
Spacious lounge and dining areas
Two-way family bathroom
Internal access to the garage
Rear garage roller to extra covered parking space
Garden shed and rear fern pergola
Built-in robes, window awnings
Fabulous scope to easily update
Desirable court location
Doors from park and playground
Short walk to Somerville Central with Target
Walk to primary & secondary school
Walk to train station & sporting clubs

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

Property History for 7 Oakbank Pl, Somerville, VIC 3912

A timeline of how this property has performed in the market
Last Sold
$720,000
24 Mar 2025
  • 24 Mar 2025
    Sold for $720,000
  • 23 Jan 2025
    Listed for Sale $700,000 - $770,000
  • 05 Jun 2024
    Transferred
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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 5,872 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 26 properties listed for sale, and 2 properties listed for rent in Somerville on OnTheHouse. According to Cotality's data, 255 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.