Supply Demand History in Somerville

MonthSupplyDemand
2015 Apr995516
2015 May874584
2015 Jun874228
2015 Jul834418
2015 Aug733911
2015 Sep704414
2015 Oct743850
2015 Nov885063
2015 Dec803646
2016 Jan734892
2016 Feb885453
2016 Mar844599
2016 Apr805181

More Recent Sold in Somerville

Address Sold Price
2/1181 Frankston Flinders Road 2 $491,000
23 Stanley Street 3 $1,226,000
14 Grant Road 3 $585,000
6/27 Eramosa Road East 3 $618,000
11 Sweet Wattle Place 4 $1,225,000

More Recent Rent in Somerville

Address Price/Week
39 Clarinda Street 3 $520
42 Holmes Ln 3 $565
8 Heatherlee Close 3 $620
64 Graf Road 3 $575
6/29 Eramosa Road 3 $500

Rent Yield in Somerville

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
2$461,500$4294.83%$480,000$4304.66%20
3$885,333$5523.24%$692,500$5704.28%42
4$1,118,818$7483.48%$935,000$7484.16%24
5$1,651,500--$1,700,000--10
6$1,899,667--$1,900,000--3
7$2,200,000--$2,200,000--1
House
2-$500--$500-1
3$749,167$5934.12%$742,500$5904.13%9
4$1,224,000$6752.87%$1,180,000$6752.97%6
5$795,000--$795,000--1
Townhouse
3$680,000--$680,000--1
Unit/apmt
2$414,167$4205.27%$402,500$4205.43%5
3$600,000$5805.03%$600,000$5805.03%2
Rural
3$2,225,000--$2,225,000--2
5$2,170,000--$2,200,000--5
6$1,999,000--$1,999,000--1
7$2,200,000--$2,200,000--1
Other
4$1,847,500--$1,847,500--2
6$1,800,000--$1,800,000--1
Unknown
2$479,250$4214.57%$485,000$4454.77%14
3$787,357$5413.57%$685,000$5634.27%28
4$986,600$8204.32%$920,000$8204.63%16
5$1,217,500--$1,175,000--4
6$1,900,000--$1,900,000--1

Demographics of Somerville

PopulationSizeSomervilleMelbourne
All People136043366613
Country of OriginSomervilleMelbourne
Australian Born85%65%
Born Overseas - Top 5SomervilleMelbourne
United Kingdom9%5%
New Zealand1%1%
Netherlands1%0%
Germany1%1%
Italy1%2%
Median household incomeSomervilleMelbourne
Weekly income$1,315$1,333
Age StatisticsSomervilleMelbourne
20 to 3929%33%
5 to 1927%14%
40 to 5926%28%
60+10%17%
0 to 48%7%
Family Statistics - Top 5SomervilleMelbourne
Married58%51%
Never Married29%33%
Divorced6%7%
Widowed4%6%
Separated3%3%
Religion - Top 5SomervilleMelbourne
No Religion29%19%
Anglican28%16%
Catholic23%33%
Uniting Church6%5%
Presbyterian and Reformed5%3%
Occupation - Top 5SomervilleMelbourne
Tradespersons and Related Workers9%6%
Intermediate Clerical/Sales/Service7%7%
Professionals6%8%
Associate Professional5%5%
Managers and Administrators4%4%
Education - Top 5SomervilleMelbourne
Not Attending (Working)70%73%
Infants/Primary13%9%
Secondary Education9%7%
Technical or Further Education3%3%
Pre-School2%2%
Transport to Work - Top 5SomervilleMelbourne
Car (driver)32%28%
Worked at home3%2%
Car (passenger)3%3%
Train & Other1%1%
Walked1%1%
Type of Dwelling - Top 3SomervilleMelbourne
Separate house93%74%
Semi/Terrace3%8%
Flat2%14%
Nature of Occupancy - Top 3SomervilleMelbourne
Purchasing48%27%
Fully Owned32%43%
Rented14%24%
Monthly Loan Repayment - Top 5SomervilleMelbourne
$600-$79924%21%
$800-$99922%19%
$400-$59916%16%

Crime Rate of Mornington Peninsula

Crime TypeRate of CASEYRate of VIC
Crime Against Property3,5464,607
Crime Against the Person996940
Drug Offences261311
Other Crime668875
Total5,4716,733
Note: Somerville belongs to city Mornington Peninsula. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

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.

Somerville, VIC 3912 (49.29 km to CBD)

Median House Price

$895,000

Median Unit Price

$568,750

Surrounding Suburbs

Closest Train Station

Somerville Station 0.13 km

Selected Demographics of Somerville

  • 3819 Number of House
  • 1064 Number of Unit
  • 13604 Number of People
  • 38 Median Age
  • 2.7 Median Household Size
  • $280 Weekly Rent
  • $569 Weekly Individual Income
  • $1,483 Weekly Family Income
  • $1,287 Weekly Household Income
  • $895,000 Median Asking Price
  • $520 Median Rent
  • 0.03% Rent Yield
  • 195 Stock On Sale
  • 0.17% Vacancy Rate
  • 82 Average Supply
  • 4848 Average Demand
  • 59.02 Supply Demand Ratio

Schools in Somerville

School NameSchool SectorSchool Type
Somerville Primary SchoolGovernmentPrimary
Somerville Rise Primary SchoolGovernmentPrimary
St Brendan's Primary SchoolIndependentPrimary

Leading Agencies (Sale)

Stockdale & Leggo - Somerville 17%

L Cooper Real Estate - Somerville 14%
Craig Mann First National - Somerville 10%
7%
Eview Real Estate Partners 6%
Harcourts - Hastings 4%
Ray White - Langwarrin 3%
Ray White - Hastings 3%
One Agency - Peninsula 3%
Homes and Acreage - Mt Eliza 2%

Leading Agents (Rent)

Agent NamePercentage
L Cooper Real Estate - Somerville22%
Stockdale & Leggo - Somerville19%
Craig Mann First National - Somerville16%
Ray White - Mornington11%
Harcourts - Frankston Rentals9%
Century 21 John Rault Real Estate - Somerville4%
Eview Real Estate Partners - FRANKSTON3%
Ray White - Hastings2%
Century 21 Wentworth Real Estate - Frankston1%
Ray White -1%