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.
$2,650,000
Last sold
13 June 2023
5
Bedrooms
2
Bathrooms
0
Car spaces
2,239 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
$2,650,000
13 June 2023 · 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
+119.9%
Median sale
Suburb $1,205,000
-1.18 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 EstateOpportunities like this are extremely rare, so if you've been searching far and wide for an amazing beachside location to start a new family tradition, then here it is!
Panoramic bay views, a double block / two titles ( 2239m2)approx., open plan living, sensational deck area, five bedrooms, study and bungalow. Places to camp and explore and a five decade old family tradition which is overflowing with happy memories amongst this natural wonderland.
The elevated position nestled between Oxley and Wirilda Court is a very special part of the world and has commanding panoramic views across to The Island, Cowes to Ventnor, to The Nobbies and beyond out through the heads. From Flinders around to Shoreham and Point Leo to most of Merricks Beach and Balnarring Beach.
Head straight upstairs and be wowed by Western Port Bay views that are simply spectacular. From the kitchen and meals there are water views, from the main bedroom there's water views, from open living and wrap-around deck there are water views.
The kitchen enjoys the magical views and has a large island breakfast bar, stainless appliances, dishwasher and glass splash. There's a wall of windows and sliders that extends along the living area that's finished with hardwood floors and vaulted ceilings.
There are front and side sliding doors to the 9 x 7 metre deck that's fully tiled and has an “L” shape to the north which gives you protection from the sea breeze.
The main bedroom on the upper level takes in the water views, has a walk-in robe, a two way / semi-ensuite with spa bath, shower and an adjoining powder room.
The lower level of the home has the character and charm of yesteryear with a central family room, open fire and hardwood floors. There are four bedrooms plus a modern bathroom that has access to the northern garden, making it perfect for when the crew come back from the beach. There's a garden bungalow near the eastern boundary and a grassy area where over the holidays you'll probably find a few tents or games happening when all the relatives arrive.
Take the Tasman / Wayside trail to South Beach, explore Sandy Point and the tidal pools, take the coastal route to the general store for a coffee or meal.
The gardens have a mix of established native trees and shrubs, ornamental and exotic plants, a few fruit trees, lemons and rosemary plus a wisteria covered arbour to greet you from the drive.
When it's all said and done, # 18 Oxley offers a truly unique offering that gives you options to love her for now as is, add or build on the adjoining block or build your dream beach house in this very special part of the world.
Features include:
* Open plan living with separate family room.
* Split system air-conditioning, ceiling fans and wood fire.
* Ample off-street parking, rustic bungalow
* Two titles approx. 1119m2 each, current access off Oxley Court.
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.