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Profiles
Nearby Suburbs
Real Estate Market: Is Somerville (Vic.) VIC 3912 a Good Suburb to Buy Into?
Housing Market in Somerville (Vic.)
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
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| $587 | Top 48% |
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Housing Supply in Somerville (Vic.)
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Somerville (Vic.)
25.6%
Somerville (Vic.)
25.6%
Mornington Peninsula
30.8%
Mornington Peninsula
30.8%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 89.4 | Top 18% |
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| 0.9 | Bottom 32% | Data for Jul 2023 | ||
| 74.9 | Top 7% | Data for May 2023 | ||
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| 2 lots | Bottom 16% | Data for Jun 2023 | ||
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| 30 | Top 5% |
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Housing Stock Quality in Somerville (Vic.)
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 82.6% | Bottom 14% |
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| 2.6 | Top 39% |
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| 45.9% | Top 8% | Data for Jun 2023 |
Development Restrictions in Somerville (Vic.)
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Somerville (Vic.)
27.0%
Somerville (Vic.)
27.0%
Mornington Peninsula
28.0%
Mornington Peninsula
28.0%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 9.1 sq km | Top 48% | Data for Jan 2021 | ||
| 0.3 sq km | Top 23% | Data for Jun 2023 | ||
| 570 sqm per resident | Bottom 32% | Data for Jan 2021 |
Risk in Somerville (Vic.)
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Somerville (Vic.)
39.8
Somerville (Vic.)
39.8
Mornington Peninsula
44.5
Mornington Peninsula
44.5
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| 89.4% | Bottom 40% | 0 to May 2023 | ||
| 10.6% | Top 40% |
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| 38 | Top 34% | Data for Jun 2023 | ||
| $1,930 | Bottom 49% |
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| 81 | Top 33% | Data for Jun 2023 | ||
| 73 | Bottom 32% | Data for Jun 2023 | ||
| 23.2% | Top 44% |
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| 52.9% | Top 16% |
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Housing Demand in Somerville (Vic.)
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030
Somerville (Vic.)
78.7%
Somerville (Vic.)
78.7%
Mornington Peninsula
79.2%
Mornington Peninsula
79.2%
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
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| 20300 | Top 18% |
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| 170000 | Top 7% |
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| 195000 | Top 7% |
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Unit Market in Somerville (Vic.)
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Mornington Peninsula | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $518 | Top 37% |
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| 76.0% | Top 43% |
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Median House Rental Prices by Street (22)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 120001 | Frankston-Flinders Rd | 13 Mar 2025 | $510 |
| 120027 | Graf Rd | 13 Mar 2025 | $610 |
| 119956 | Eramosa Rd | 13 Mar 2025 | $550 |
| 120119 | Jones Rd | 13 Mar 2025 | $720 |
| 119873 | Clarendon Dr | 13 Mar 2025 | $620 |
Businesses (99)
| Name | Address |
|---|---|
| SLR Concepts | 1/30 Speedwell St, Somerville VIC 3912, Australia |
| DC Construction | 5/51 Simcock St, Somerville VIC 3912, Australia |
| Q & J Constructions | 24 Speedwell St, Somerville VIC 3912, Australia |
| JMC Concreting | 38 Simcock St, Somerville VIC 3912, Australia |
| Peninsula Timber Gates |
Accommodation Options (1)
| Name | Address |
|---|---|
| SomerCare | 22, Graf Rd |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Bayvista | 10 May 2024 | $925,000 |
| Beaconsfield Ct | 10 May 2024 | $942,500 |
| Compass Ct | 10 May 2024 | $1,376,000 |
| Austin Rd | 10 May 2024 | $690,000 |
| Clairmont Cl | 10 May 2024 | $690,000 |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 4 Harrow Ave | $830,000 | 4.0 | 2.0 | 3.0 | 11 Mar 2025 | 0 | On Market |
| 15 Callum Ave | $995,000 | 4.0 | 2.0 | 4.0 | 05 Mar 2025 | 0 | On Market |
| 16 Eliza Pl | $1,060,000 | 4.0 | 2.0 | 2.0 | 26 Feb 2025 | 0 | On Market |
| 7 Oakbank Pl | $720,000 | 3.0 | 1.0 | 2.0 | 24 Feb 2025 | 0 | On Market |
| 51 Pembroke Dr | $1,011,500 | 4.0 | 2.0 | 2.0 | 21 Feb 2025 | 0 | On Market |
Planning Applications: Dwellings (48)
| Headline | Place | Date |
|---|---|---|
| The development of a dwelling and ancillary outbuilding (carport) in accordance with the endorsed plans - Mornington Peninsula Shire Council P23/1484.01 | 54 Bungower Road Somerville VIC 3912 | 01 Feb 2025 |
| The development of dwelling additions and alterations, creation of access to a road zone category 1 and associated works generally in accordance with the submitted plans - Mornington Peninsula Shire Council P21/0960.01 | 1146 Frankston-Flinders Road Somerville VIC 3912 | 17 Jan 2025 |
| Warehouse additions, construction of a mezzanine and associated works - Mornington Peninsula Shire Council P24/2096 | 84/10 Speedwell Street Somerville VIC 3912 | 21 Dec 2024 |
| Development of second dwelling and garage - demolish of existing carport and shed - Mornington Peninsula Shire Council P24/1992 | 16 Sydney Street Somerville VIC 3912 | 13 Dec 2024 |
| Development of six double storey dwellings and reduction to car parking - Mornington Peninsula Shire Council P24/1934 | 1158 Frankston-Flinders Road Somerville VIC 3912 | 29 Nov 2024 |
Planning Applications: Other (38)
| Headline | Place | Date |
|---|---|---|
| The development of a dwelling and ancillary outbuilding (carport) in accordance with the endorsed plans - Mornington Peninsula Shire Council P23/1484.01 | 54 Bungower Road Somerville VIC 3912 | 01 Feb 2025 |
| Change of use for a brazilian jiu-jitsu club - Mornington Peninsula Shire Council P25/0078 | 4/21 Simcock Street Somerville VIC 3912 | 23 Jan 2025 |
| Change of use including development of an indoor recreation facility - Mornington Peninsula Shire Council P25/0054 | 32 Speedwell Street Somerville VIC 3912 | 16 Jan 2025 |
| Vicsmart - additions to existing warehouse (replace office) - Mornington Peninsula Shire Council P24/1990 | 2 Arduina Street Somerville VIC 3912 | 20 Dec 2024 |
| Development of second dwelling and garage - demolish of existing carport and shed - Mornington Peninsula Shire Council P24/1992 | 16 Sydney Street Somerville VIC 3912 | 13 Dec 2024 |
Planning Applications: Industrial (14)
| Headline | Place | Date |
|---|---|---|
| Warehouse additions, construction of a mezzanine and associated works - Mornington Peninsula Shire Council P24/2096 | 84/10 Speedwell Street Somerville VIC 3912 | 21 Dec 2024 |
| Vicsmart - additions to existing warehouse (replace office) - Mornington Peninsula Shire Council P24/1990 | 2 Arduina Street Somerville VIC 3912 | 20 Dec 2024 |
| Vicsmart - proposed storage mezzanine constructed within an existing warehouse - Mornington Peninsula Shire Council P24/1881 | 41/10 Speedwell Street Somerville VIC 3912 | 23 Nov 2024 |
| Vicsmart - proposed storage mezzanine constructed within an existing warehouse - Mornington Peninsula Shire Council P24/1882 | 59/10 Speedwell Street Somerville VIC 3912 | 23 Nov 2024 |
| The use and development of a plant nursery (including ancillary office and manufacturing), construction of a new driveway access to the land, construction of green houses and associated works in accordance with the endorsed plans - Mornington Peninsula Shire Council P12/1290.05 | 3 Webbs Lane Somerville VIC 3912 | 22 Oct 2024 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Mornington Peninsula |
Percent of Renters by Street (100)
| Percent of Renters | Street |
|---|---|
| 35.7% | Austin Rd |
| 0.0% | Alan George Tce |
| 10.1% | Alfred St |
| 0.5% | Almond Bush St |
| 16.3% | Banbury Ct |
Turnover Rate by Street (100)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 100.0% | Wyldwood Cl | high turnover | Every 10.0 years (high turnover) | 2025 |
| 50.0% | Penton Ct | very tightly held | Every 20.0 years (very tightly held) | 2025 |
| 150.0% | Ryan Way | very high turnover | Every 6.7 years (very high turnover) | 2025 |
| 69.2% | Sweet Wattle Pl | average turnover | Every 14.4 years (average turnover) | 2025 |
| 93.5% | Jones Rd | high turnover | Every 10.7 years (high turnover) | 2025 |
Median Unit Sale Prices by Street (100)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $518,000 | Frankston-Flinders Rd |
| 10 May 2024 | $651,500 | Forest Dr |
| 10 May 2024 | $607,500 | Clarinda St |
| 10 May 2024 | $2,375,000 | Bungower Rd |
| 10 May 2024 | $545,000 | Bruce Dr |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 4, 82 Eramosa Road East | $510 | 2.0 | 1.0 | 1.0 | 13 Feb 2025 |
| Unit 4, 82 Eramosa Road East | $510 | 2.0 | 1.0 | 1.0 | 13 Feb 2025 |
| Unit 4, 82 Eramosa Road East | $510 | 2.0 | 1.0 | 1.0 | 13 Feb 2025 |
| Unit 4, 82 Eramosa Road East | $510 | 2.0 | 1.0 | 1.0 | 13 Feb 2025 |
| Unit 4, 82 Eramosa Road East | $510 | 2.0 | 1.0 | 1.0 | 13 Feb 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 12 George St | $700 | 3 | 2 | 2 | 07 Mar 2025 | 0 |
| 12 George St | $700 | 3 | 2 | 2 | 07 Mar 2025 | 0 |
| Unit 3, 1139 Frankston-flinders Rd | $510 | 2 | 1 | 2 | 29 Jan 2025 | 0 |
| Unit 3, 1139 Frankston-flinders Rd | $510 | 2 | 1 | 2 | 29 Jan 2025 | 0 |
| Unit 3, 1139 Frankston-flinders Rd | $510 | 2 | 1 | 2 | 29 Jan 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| Unit 2, 24 Eramosa Road West | $517,500 | 2.0 | 2.0 | 1.0 | 07 Mar 2025 | On Market |
| Unit 2, 24 Eramosa Road West | $517,500 | 2.0 | 2.0 | 1.0 | 07 Mar 2025 | On Market |
| Unit 9, 24 Bruce Dr | $673,000 | 3.0 | 1.0 | 2.0 | 20 Feb 2025 | On Market |
| Unit 9, 24 Bruce Dr | $673,000 | 3.0 | 1.0 | 2.0 | 20 Feb 2025 | On Market |
| Unit 9, 24 Bruce Dr | $673,000 | 3.0 | 1.0 | 2.0 | 20 Feb 2025 | On Market |
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