1/406 Hay St, Somerville is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2010. The property has a land size of 189m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
This low maintenance and functional 2 bedroom, 2 bathroom property, situated in a secure, very well maintained complex, is currently leased to a company at $350 per week on a periodic basis (7% return on your investment - amazing). With excellent tenants in place, you can be assured your investment is well cared for or if you are looking for an easy care, modern property to call home, the choice is yours.
FEATURES INCLUDE: *2 Bedrooms *2 Bathrooms *Open plan living *Built-in robes *Stainless steel kitchen appliances *Ducted air cooling *Natural gas heating *Paved patio with garden shed * Connected to mains gas *Built in 2010 *Leased at $350/week to August 2015 *Council Rates $1568 per annum *Water Rates $200 per annum *Strata levies (include sinking fund) $260/quarter *189sqm land entitlement *Double Carport *Visitor parking available *Secure gated complex.
The size of Somerville is approximately 4.7 square kilometres. It has 10 parks covering nearly 15.0% of total area. The population of Somerville in 2016 was 4156 people. By 2021 the population was 4165 showing a population growth of 0.2% in the area during that time. The predominant age group in Somerville is 0-9 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, 59.50% of the homes in Somerville were owner-occupied compared with 59.00% in 2016.
Somerville has 1,830 properties. Over the last 5 years, Houses in Somerville have seen a 36.69% increase in median value, while Units have seen a 73.75% increase. As at 31 December 2025:
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