Somers at a glance
1,741
People
$1,205,000
Median sale
$503/wk
Median rent
2.17%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
VIC › Somers › Ocean View Cres
$1,410,000
Last sold
11 May 2024
2
Bedrooms
1
Bathrooms
0
Car spaces
1,440 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,410,000
11 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,287/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Somers at a glance
1,741
People
$1,205,000
Median sale
$503/wk
Median rent
2.17%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Somers
+17.0%
Median sale
Suburb $1,205,000
-0.31 pp
Gross yield
Suburb 2.17%
Suburb median $1,205,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Mornington Peninsula
Mornington Peninsula, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 1 Sept 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,444 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,444 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 28; HERITAGE OVERLAY (HO290); SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 21. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $503/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 1,444 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 28; HERITAGE OVERLAY (HO290); SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 21. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,444 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,444 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 28; HERITAGE OVERLAY (HO290); SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; VEGETATION PROTECTION OVERLAY - SCHEDULE 1; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 21. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Somers at a glance
1,741
People
$1,205,000
Median sale
$503/wk
Median rent
2.17%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Coast Real EstateEmbrace the laid-back beach lifestyle with this charming Somers beachside classic. Nestled on a generous 1440m2 prime corner lot just three doors from the beach, this central position is ideally located near the Yacht club, General Store, school, kinder, and parks. It's a humble little home that exudes a sense of nostalgia and a life well-led by the beach.
As you step inside from the covered porch, you're greeted by a home brimming with stories, joy, and cherished memories. The main living area retains its old-world charm with Baltic pine floorboards and picture rails, while there is a separate western sunroom, and a dining room, complete with a cozy window seat, and easy sliding door access to the rustic northern deck.
The galley kitchen, equipped with an updated stove and ample shelving, offers functionality while you decide on your grand plans. The bathroom and laundry may show signs of age, but they are functional for now.
The bedrooms are good-sized, with one featuring exposed rafters, lining boards, and plenty of robes, both with sliding door access to the deck surrounded by native shrubs, she oaks, melaleucas, and grevilleas.
This fantastic corner position offers dual street access from Florida and Ocean View, and it's an easy stroll to the beach, Yacht club, and General Store. Explore the coastal trails or join in the fun at the Garden Square community reserve, pétanque club, or the tennis and activities at Ray Stone Reserve, the off-leash area, native bushland, and more.
Don't miss out on the opportunity to make cherished memories and embrace the quintessential beachside lifestyle at this beloved Somers address. Schedule your inspection today and start envisioning the endless possibilities awaiting you in this coastal haven.
Features Include:
* Easy walk to the beach, Yacht club and General Store.
* Ideal beachside corner position, dual street access.
* Old carport / rustic terrace and garden shed.
* Split system air-conditioner and wood fire.
* Land 1440m2 approx. General Residential Zone
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.