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 › Goldsmith St
3
Bedrooms
2
Bathrooms
2
Car spaces
886 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,284/m² of land (n=82). 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.
Planning
Planning data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 EstateTaking inspiration from the ornate history of a century ago this modern 3 bedroom plus study residence that has all the wonderful period charm and warmth to create an exquisite and easy to love beachside lifestyle.
From the cottage garden path that leads you to the covered entry with its heritage colours and terracotta tiled verandah gives you a taste of yesteryear. The wide main entry hall is finished with large format sandstone tiling and the formal living room off to the left is complimented by high ceilings with decorative roses, ornate gutter cornicing and feature mantle around the Jetmaster – open fire place.
The expansive tiling extends to the rear open plan kitchen, meals, family room which flows seamlessly out to the covered lower terrace and up to the arbour which provides the ideal entertaining area among the landscaped gardens.
The kitchen is finished with onyx colours granite bench tops and a generous breakfast bar for 6, 8 or more. Solid wood cabinetry contrasts the granite and presents a beautiful open plan with a sunny northern aspect that has relaxed yet sophisticated feel.
Following the same Victorian theme continues through to the study and bedrooms with the king-sized main bedroom complete with elegant window furnishing, ensuite and walk in robes.
You'll be surprised at the spring time cottage garden that throws out a slender of colours and fragrances from lilacs, roses, daphnia, magnolias, camellias and weeping cherry that are bordered by box and rosemary hedging.
The long drive provides plenty of off street parking down to the double garage with its handy rear roller to the wood shed / storage which gives you a few options for the van, trailer or workshop.
Within a couple of minutes' walk to the Nissan Street reserve and a minute more to the primary school, Haven St. beach access around to the store all combine for a happy formula to realise the fabulous coastal lifestyle.
Features include:
* Quiet position and easy walk to parks, beach, school and general store
* Victoria period charm with gutter cornices and ornate ceiling roses
* Two generous main living areas and separate study or formal dining
* Open plan living extending out to the rear paved outside entertainment area
* Ducted heating, ceiling fans, split system air-conditioning and open fire
* Land 886m2 General residential zone
NOTE: PR*: Price Ranger* Incorporates the estimated selling price, the vendor's price and the likely market price of this property.
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.