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VIC › Safety Beach › Somerset Pl

14 Somerset Pl, Safety Beach VIC 3936

House

$1,275,000

Last sold

8 May 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

726 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,275,000 (8 May 2026).(Recorded sale)
  • FactLand 726 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Safety Beach (last 5 years) with land size: median $1,918/m² of land (n=93). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2VEGETATION PROTECTION OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,275,000

8 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Safety Beach (last 5 years) with land size have a median of $1,918/m² of land (n=93). Districts calculation from recorded sales — not a valuation.

Safety Beach at a glance

6,058

People

$1,100,000

Median sale

$617/wk

Median rent

2.92%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Safety Beach report →

Vs Safety Beach

+15.9%

Median sale

Suburb $1,100,000

-0.40 pp

Gross yield

Suburb 2.92%

Suburb median $1,100,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Mornington Peninsula

Mornington Peninsula, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 52441839

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,275,0008 May 2026
  2. Listedprice unknowncompleted18 Mar 2026
  3. Listedprice unknowncompleted18 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 727 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 727 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 1. 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $617/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 727 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 727 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1; VEGETATION PROTECTION OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Safety Beach in one glance

Safety Beach at a glance

6,058

People

$1,100,000

Median sale

$617/wk

Median rent

2.92%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Safety Beach report →

Keep researching

  • Why Safety Beach? Read the area thesis →
  • What else is on the market in Safety Beach →
  • Other records on Somerset Pl →

Listing material

Listed by Scenic Property

Garden Oasis in the Horizons Estate

Positioned in a peaceful pocket of Safety Beach's highly sought-after Horizons Estate this beautifully maintained four-bedroom residence offers generous proportions, elegant finishes and a lifestyle defined by space, comfort and tranquil garden surrounds.

Step inside to discover a light-filled interior enhanced by impressive 2.7m ceilings and striking sandstone flooring flowing through the hall, kitchen, living and dining zones. Multiple living areas provide flexibility for families and entertainers alike, including a welcoming front lounge and formal dining space with louvre blinds and a cosy gas fireplace. At the heart of the home, the large kitchen features a walk-in pantry, new 900mm oven and abundant storage, overlooking the main living and dining areas. Year-round comfort is ensured with gas ducted heating, evaporative cooling and an additional split system.

Accommodation includes four spacious bedrooms, with the master suite offering a walk-in robe, large ensuite with spa bath and private doors opening onto a deck — the perfect spot to enjoy the surrounding garden. The remaining bedrooms are serviced by a generous central bathroom complete with a separate bath, while curtains and blinds throughout add comfort and privacy.

Read the full description

Outdoors, the home continues to impress with beautifully established gardens visible from almost every room. A large covered deck flowing from the kitchen and living area creates an inviting space for entertaining or relaxing amongst the flowers. Completing the package is an oversized double garage, plentiful storage throughout the home and ample off-street parking for additional vehicles, boats or trailers.

Ideally located within the desirable Horizons estate, this address places you just moments from Safety Beach's calm bay foreshore, Martha Cove Marina, local cafés and shopping precincts. Situated on the Mornington Peninsula, Safety Beach offers a relaxed coastal lifestyle with easy access to beaches, wineries, golf courses and Peninsula Link connecting you to Melbourne.

Listing description written by Matt Carroll, Scenic Property — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.