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 › Bonview Ave
$2,050,000
Last sold
29 Nov 2021
3
Bedrooms
2
Bathrooms
1
Car spaces
1,600 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
$2,050,000
29 Nov 2021 · 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
+70.1%
Median sale
Suburb $1,205,000
-0.89 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 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 EstateAre you looking for a lifestyle change? … Do you love the beach and the bush? Then this 3 bedroom modern home and wonderful beachside position could be the perfect answer.
The home is beautifully simple and functional in design, and cleverly makes the most of the northern orientation and the filtered light through the gum trees that bathes the paved terraces and two separate living areas.
An open plan living zone with large kitchen / breakfast bar, meals and family room opens out to the terrace and is finished with hardwood floors, zone heating and ceiling fans.
The front living room also opens to the terrace and is fitted with a wood fire, split system air-conditioning and provides an ideal parents retreat adjacent to the main bedroom.
For accommodation there's the front main bedroom with large walk-in-robes and ensuite, two bedrooms both with robes to the rear are serviced by the large family bathroom with separate bath and shower and powder room.
Lovers of the outdoors won't need to venture very far, open the door and enjoy the bird life in the stand of gum trees in the front, cross the road to the cut through to Ray Stone reserve, tennis club, woodlands and koala reserve, head down the road to Garden Square then across to the beach and yacht club.
For an adventure and new lifestyle by the bay or a holiday time retreat to foster lots of happy memories you'll find this generous 1600m2 and 3 bedroom family home that's within easy walk of the school, General Store and beach could just be your perfect sea-change, tree-change.
Features include:
* Central to the bushland trails, the beach, school, store and clubs.
* Open plan living and separate front living room with wood fire.
* North-facing paved terrace and covered patio area.
* Main bedroom with walk-in-robe, ensuite and ceiling fan.
* Single carport and secure storage, and inground rain water tank.
* Land 1600m2 approx. general Residential Zone
For details on this property and to arrange inspections, please contact The Coast Real Estate theCoast.com.au PH 03 5983 1980 or Jackie Wright on 0428 554 267 jackie@thecoast.com.au
Please read our Covid Safe Health & Wellbeing at Property Inspections.
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.