1B/1-3 Somerset St, Elsternwick VIC 3185
  • Unit 2

1B/1-3 Somerset St, Elsternwick VIC 3185

Sold $1,070,000 on 23 Mar 2020

Sold

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty

$60,320

*based on property value $1,070,000 for investment

Mortgage registration fee $108
Transfer fee $1,362
Stamp duty on property $58,850

Monthly Repayment

$ 4,595

*based on loan amount $856,000 for principal and interest

Total interest payable $798,270
Loan Term 30 years
Annual Interest Rate 5.00%

Comparable Sold Properties

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Address Sold Price
5/52-54 Orrong Road 2 $879,000
4/9 Bertram Street 2 $890,000
5/20 College Street 2 $825,000
5/33 St Georges Road 2 $642,000
5/49 Seymour Road 2 $1,315,000
1/49 Seymour Road 2 $1,140,000
3/25 Orrong Road 2 $910,000
3/20 College Street 2 $970,000

Comparable Rent Properties

Address Rent Price
7/38 Seymour Road 2 $620 p/w
7/302 Glen Eira Road 2 $525 p/w
2/16 Orrong Rd 2 $550 p/w
7/2 Erindale Avenue 2 $470 p/w
2/16 St Georges Road 2 $720 p/w
6/52-54 Orrong Road 2 $600 p/w
2/24 Prahran Grove 2 $550 p/w
5/29 Shoobra Rd 2 $600 p/w

Auction History - Elsternwick, VIC 3185

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Elsternwick, VIC 3185 (8.69 km to CBD)

Median House Price

$2,200,000

Median Unit Price

$650,000

Surrounding Suburbs

Nearby Train Stations

  • 0.93 km Elsternwick Station
  • 1.21 km Ripponlea Station
  • 1.71 km Balaclava Station