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NSW › Bulli › Somerville St

16 Somerville St, Bulli NSW 2516

House

$2,831,000

Last sold

9 Sept 2021

5

Bedrooms

3

Bathrooms

5

Car spaces

696 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 $2,831,000 (9 Sept 2021).(Recorded sale)
  • FactLand 696 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bulli (last 5 years) with land size: median $2,883/m² of land (n=89). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$2,831,000

9 Sept 2021 · derived via latest_sale

Local land rate: recorded House sales in Bulli (last 5 years) with land size have a median of $2,883/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Bulli at a glance

6,902

People

$2,160,000

Median sale

$843/wk

Median rent

2.03%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Bulli report →

Vs Bulli

+31.1%

Median sale

Suburb $2,160,000

-0.48 pp

Gross yield

Suburb 2.03%

Suburb median $2,160,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$2,831,0009 Sept 2021
  2. Listedprice unknowncompleted18 Aug 2021
  3. Listedprice unknowncompleted18 Aug 2021

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

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $843/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Bulli in one glance

Bulli at a glance

6,902

People

$2,160,000

Median sale

$843/wk

Median rent

2.03%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Bulli report →

Keep researching

  • Why Bulli? Read the area thesis →
  • What else is on the market in Bulli →
  • Other records on Somerville St →

Listing material

Listed by Scholtens Property

NOW SOLD by Scholtens Property - Breathtaking Coastal Luxury...

Now SOLD by Scholtens Property.

Harmoniously positioned upon one of New South Wale's most spectacular coastlines, this impressive near beach side grand residence is the culmination of a dream realised for it's current careful owners in 2016. Positioned upon an elevated, North Easterly orientated allotment of some 696 sqm, this carefully planned and passive solar designed contemporary architectural residence takes advantage of the natural summer and winter light to maximise both heating, cooling, and ambient cross ventilation.

From the impressive facade, through the gallery style entry and up to the main living areas, you'll feel the culmination of your own hard work has been realised too.

Read the full description

Outstanding Features Include -

- Wide eaves designed to block the harsh summer sun, with 'Rylock' double glazed windows and louvered windows allowing  a natural cross ventilation

- Fully insulated throughout with a large 8.25kw PV solar system with Fronius inverter making large energy bills a thing of the past

- Elevated and inviting living area with incredible natural light and an escarpment outlook with both beach and ocean glimpses

- Home office / Bedroom 3 to the front of the home has a separate entry, perfect for today's work from home environment

- Immaculate gourmet kitchen with stainless steel appliances, integrated range hood and open butlers' style pantry space

- Studio apartment / rumpus to the lower level with it's own guest bedroom (bed5) and ensuite bathroom, plus laundry facilities

- Spacious remote garage with internal entry and ample storage, plus a tandem length carport that will accept a large caravan or trailer (could very easily be enclosed)

- Energy efficient Sanden heat pump hot water system with a 315 litre storage tank that absorbs heat from the air, in an energy efficient manner

- Outdoor shower, perfect for after a dip at the beach before you spend the evening relaxing in the in-built spa with a glass of wine

- Wide, easy step custom designed and made timber staircase with high set feature windows

- Raking ceilings to upper bedroom level, fully fitted master bedroom walk in robe, and all with gorgeous plantation shutters

- Twin 22,500 litre rainwater tanks (45,000 litres total) with a 3 stage filter system that supplies the entire home with UV filtered water

- Lovely sun drenched art studio (or bedroom 4) to the lower level opens onto the rear deck with entry to the easy care yard

An impeccable home that may ideally suit those with older children, or perhaps just the perfect beach getaway home for those that can afford to indulge a little, all only a gentle walk to Sandon Point, local beaches, and cafe's together with easy access to the M1 freeway for the Sydney commuter. A desirable residence of grand proportions, we would only be too happy to welcome you through for your personal inspection of 16 Somerville Street Bulli.

For your private viewing, or for further enquiries please contact Simon Scholtens of Scholtens Property on 0418 689 609 or simon@scholtensproperty.com.au

Scholtens Property - Marketing Your Property, Properly

Council Rates - $849 per quarter

Water Rates - $145 per quarter (approx)

PLEASE NOTE *

For ALL Inspections and ALL Attendees, current NSW State Government Covid 19 Rules and Regulations will be applicable at ALL times. Sanitiser will be provided on site, and face masks compulsory as well as QR Code check in. Attendee numbers are restricted to one person (1) per allocated inspection time only. Please minimise bringing non essential parties /relatives, friends, children etc. to property viewings.

Listing description written by Simon Scholtens, Scholtens Property — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 2
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Outside Spa
  • Remote Garage
  • Solar Hot Water
  • Solar Panels
  • Study
  • Toilets: 3
  • Water Tank

Also look at

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  • 6/2 Southview St, Bulli NSW 2516

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  • 1-4/2 Southview St, Bulli NSW 2516

    8-bed block of units. Asking $3M–$3.3M.

    For sale
  • 2 Bowman Cl, Bulli NSW 2516

    4-bed house for sale. Asking $2.6M.

    For sale
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.