75 Bungower RoadSomerville VIC 3912
Property Details for 75 Bungower Rd, Somerville
Last Listing description (October 2013)
INCREDIBLE ACREAGE, UNBEATABLE VALUE FOR MONEY
SET ON 50 ACRES, APPROX, THIS FULLY-FENCED PROPERTY REPRESENTS INCREDIBLE VALUE FOR MONEY IN AN AREA OF INCREASING POPULARITY AND REPRESENTS THE OPPORTUNITY TO A RAISE A FAMILY IN A RELAXED COUNTRY SETTING CLOSE TO SCHOOLS, LOCAL SHOPS AND ONLY AN HOUR FROM MELBOURNES CBD. THE PROPERTY SITS ON FLAT AND LUSH MARKET GARDEN SOIL OFFERING SUPERB POTENTIAL FOR COMMERCIAL GROWERS, HOBBY FARMERS, GRAZING, HORSE FACILITIES OR SIMPLY FOR YOUR OWN FARM FRESH VEGGIES. THE WHOLE PROPERTY IS USABLE AND FLEXIBLE WITH A NUMBER OF FENCED PADDOCKS, AN OLD FARMHOUSE, CONNECTED SERVICES, AND A CUT DRIVEWAY. EMBRACE THE BEAUTY, SECLUSION AND PEACE OF THE PROPERTY WHILE BEING ABLE TO ACCESS SCHOOLS, SHOPS AND PENINSULA LINK IN LESS THAN TEN MINUTES. THIS IS AN INCREASINGLY RARE CHANCE TO BUILD YOUR DREAM HOME ON A SIGNIFICANT LAND HOLDING ON THE MAGNIFICENT MORNINGTON PENINSULA. ZONED SPECIAL USES 1 (MPSC).
Property History for 75 Bungower Rd, Somerville, VIC 3912
- 23 Nov 2013Sold for $900,000
- 23 Nov 2013Sold for $1,000,000
- 30 May 2013Listed for Sale AUCTION 1:00PM, SATURDAY NOVEMBER 23, 2013
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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 5,876 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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