398 Somerset Park Road, Strathfieldsaye, VIC 3551 | Property Value & History | OnTheHouse
OFF MARKET

398 Somerset Park Road
Strathfieldsaye VIC 3551

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 16392m2
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Property Details for 398 Somerset Park Rd, Strathfieldsaye

398 Somerset Park Rd, Strathfieldsaye is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 16392m2. While the property is not currently for sale or for rent, it was last sold in December 2004.

Building Type
House
Land Size
16392m2
Local Government
Greater Bendigo
Lot/Plan
1/TP205340

Last Listing description (October 2016)

- A short distance from Strathfieldsaye shopping centre, this property is hidden in plain sight and is more than meets the eye. It is located within the Residential Strategy Plan for Strathfieldsaye and has a valuable General Residential zoning.
- Publicly available information reveals that the neighbouring housing estate fronting Strathfieldsaye Road will soon expand past Dukes Lane and into the land on the left of Somerset Park Road.
- This presents an opportunity for the property to be further developed (subject to council approval) now or at the time of your choosing. Alternatively, you may wish to hold the 1.62 hectare (four acre) property in its entirety and enjoy a private family oasis.

- The land offers a natural setting and semi-rural ambience enhanced by centuries old majestic gums and frontage to Sheepwash Creek. It presents an increasingly scarce alternative for those seeking city conveniences and a community lifestyle outside of new housing estates.
- The existing four bedroom home has been lovingly maintained, is ready to occupy and meets all the needs of a family. The property has a great shed, outdoor living and play areas plus a three megalitre water right from the Emu Valley Number 2 Eppalock Channel to the dam.
- The creative buyer will see the opportunity here to transform the existing house with a clever renovation on a budget and create a modern home with excellent access to the city via either Strathfieldsaye or Junortoun arterial roads.

Property History for 398 Somerset Park Rd, Strathfieldsaye, VIC 3551

A timeline of how this property has performed in the market
Last Sold
$335,000
03 Dec 2004
  • 22 Mar 2016
    Listed for Sale Selling Now: $780,000 - $850,000
  • 03 Dec 2004
    Sold for $335,000
  • 24 Sep 1993
    Sold for $175,000
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About Strathfieldsaye 3551

The size of Strathfieldsaye is approximately 30.1 square kilometres. It has 12 parks covering nearly 26.5% of total area. The population of Strathfieldsaye in 2016 was 5428 people. By 2021 the population was 6850 showing a population growth of 26.2% in the area during that time. The predominant age group in Strathfieldsaye is 10-19 years. Households in Strathfieldsaye are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Strathfieldsaye work in a professional occupation.In 2021, 85.90% of the homes in Strathfieldsaye were owner-occupied compared with 84.30% in 2016.

Strathfieldsaye has 3,811 properties. Over the last 5 years, Houses in Strathfieldsaye have seen a 43.00% increase in median value, while Units have seen a 94.83% increase. As at 30 November 2025:

  • The median value for Houses in Strathfieldsaye is $810,652 while the median value for Units is $815,191.
  • Houses have a median rent of $600.
There are currently 14 properties listed for sale, and no properties listed for rent in Strathfieldsaye on OnTheHouse. According to Cotality's data, 209 properties were sold in the past 12 months in Strathfieldsaye.

Suburb Insights for Strathfieldsaye 3551

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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.