24/3 Great Eastern Hwy, Somerville is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 132m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Somerville in the last 12 months.
UNDER OFFERWhether you're searching for a set-and-forget investment or a low-maintenance home for the future, this fully furnished Somerville unit offers outstanding value in a secure and sought-after complex.Currently leased at $580 per week until December 2026, this property delivers immediate rental income while offering all the conveniences tenants love. Located within a gated complex with an underground swimming pool, it's easy to see why these properties remain popular with professionals, company tenants and long-term renters.Investor Snapshot Currently leased at $580 per week until December 2026 Annual rental income: $30,160 Approximate gross rental yield: 8.0% Strata fees: $610.20 per quarter Council rates: $2,711.40 (2026/2027) Water connection: Approximately $300 per year Fully furnished furniture and appliances included in as is conditionInside Features Two generous bedrooms with built-in robes Well maintained kitchen with natural gas cooking Well maintained bathroom Open-plan living and dining area Natural gas connected Fully furnished and ready to continue leasing Air-conditioned Internal laundry Furniture & Appliances IncludedThe property is being sold furnished and includes: Lounge suite with sofa and ottoman TV stand Dining table and six chairs Refrigerator Microwave Toaster Kettle Washing machine Bed frame and mattress to Bedroom 1 Mattress and base to Bedroom 2 Bedside tables Kitchenware, crockery, cutlery and cookware A true "walk-in, walk-out" opportunity for investors.Outside Features Private rear courtyard Garden shed for extra storage Secure gated complex Underground swimming pool for residents Allocated parking Easy-care lifestyle with minimal maintenance Why Tenants Love It Secure gated community Resort-style swimming pool Fully furnished convenience Close to the CBD, airport and major employers Popular with professionals and company tenants Low-maintenance lock-and-leave lifestyle Properties offering secure living, resort-style facilities and a complete furniture package are becoming increasingly difficult to find in this price range.Available now for investors looking to secure an 8% gross return with a tenant already in place.Contact Iris Haynes The Real Estate Pocket Rocket to arrange further information or discuss the investment opportunity.
The size of Somerville is approximately 4.7 square kilometres. There are 10 parks, covering nearly 15.0% of the 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 1,837 properties. Over the last 5 years, Houses in Somerville have seen a 55.22% increase in median value, while Units have seen a 81.38% increase. As at 30 June 2026:
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