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VIC › Somerville › Raymond St

18 Raymond St, Somerville VIC 3912

For saleHouse for Sale

$2,100,000–$2,300,000

For sale

Asking range

6

Bedrooms

4

Bathrooms

2

Car spaces

12,869.003 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,100,000–$2,300,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,100,000–$2,300,000(Listing record · 23 July 2026)
  • FactLand 12,869 m²; no building size recorded.(Property record)
  • CalculationAsk is 130% above the Somerville median recorded sale ($915,000, n=105, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Somerville's advertised median rent ($579/wk), implied gross yield would be 1.43% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$2,100,000–$2,300,000

Asking range · $163/m² of land

No recorded sale for this property.

Somerville at a glance

12,251

People

$915,000

Median sale

$579/wk

Median rent

3.29%

Suburb gross yield

Median sale from 105 recorded sales (last 12 months) — a Districts calculation.

See the full Somerville report →

Vs Somerville

+129.5%

Median sale

Suburb $915,000

-1.86 pp

Gross yield

Suburb 3.29%

Suburb median $915,000 from 105 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,100,000
Stamp Duty (Victoria)
$116,500
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,223,814

$123,814 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Somerville's advertised median rent — not a rent for this listing.

Net yield
-0.07%
Annual cashflow (pre-tax)
$-110,592
Interest cover (DSCR)
-0.01
Annual rent
$30,108
Operating expenses
$31,500
Loan amount
$1,680,000
Annual interest
$109,200
Gross yield
1.43%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$2,100,000–$2,300,000available23 July 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?

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.” 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 $579/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

Gross yield if leased at the suburb aggregate is 1.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

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

    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?

    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

    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

Somerville in one glance

Somerville at a glance

12,251

People

$915,000

Median sale

$579/wk

Median rent

3.29%

Suburb gross yield

Median sale from 105 recorded sales (last 12 months) — a Districts calculation.

See the full Somerville report →

Keep researching

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

Listing material

Listed by Homes & Acreage

Dual Living with Acreage Freedom

A rare blend of acreage serenity and central convenience, this private Somerville property strikes the perfect balance. Nestled within a quiet court, it delivers the feeling of a rural escape while keeping shops and daily essentials within walking distance. The substantial single-level residence features four bedrooms, a dedicated study and a separate self-contained guest house, offering exceptional flexibility for growing families, multi-generational living or welcoming guests.

Past the front entry, the master bedroom is paired with a generous walk-in robe and full ensuite showcasing a corner spa and double shower for a touch of everyday luxury.

The open-plan living and meals domain is anchored by a granite kitchen boasting an island breakfast bench, walk-in pantry, dishwasher and complete suite of Miele appliances. A Coonara fireplace brings warmth to the heart of the layout. Upgraded insulation is complemented by an integrated smart home system featuring zoned reverse-cycle heating/cooling, intercom and security technology. Ceiling fans in key areas further enhance year-round comfort.

Read the full description

French doors reveal a peaceful lounge, providing a quiet retreat away from the main living hub. The oversized laundry adds easy functionality, while the two-way stone-topped family bathroom has dual basins.

Double remote garaging and shady verandahs span the front and rear of the home, while the covered patio overlooks the resurfaced inground salt/solar pool. A powered machinery shed with secure storage bays and outdoor lean-to delivers excellent utility.

Positioned on 3.18 acres (approx.), the property includes tank water, raised vegetable beds, automatic gated entry, a circular driveway and ample off-street parking. The securely fenced paddock and round yard provide space for animals, while the main home and guest residence each enjoy their own private garden areas for ideal separation.

Somerville captures the best of Peninsula living, combining a welcoming community, day-to-day convenience and a relaxed pace that continues to draw families and those seeking room to spread out. With schools, the train station, buses and recreation all within easy reach, this is a place where generations can settle, connect and thrive. Move straight in and enjoy the infrastructure already in place, with the flexibility to add your own touches and shape the next chapter of this exceptional property.

Homes and Acreage is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Shaylee Sweetnam on 0459 906 632.

Features:

• Rare blend of acreage serenity and central convenience.

• Private Somerville property offering the best of both worlds.

• Rural escape nestled within a quiet court.

• Everyday essentials are within walking distance.

• Substantial single-level four-bedroom-plus-study residence.

• Separate self-contained guest house with ramp access.

• Flexibility for growing families, multi-generational living or welcoming guests.

• Master bedroom with walk-in robe and full ensuite (corner spa & double shower).

• Open-plan living and meals zone anchored by a granite kitchen.

• Walk-in pantry and complete suite of Miele appliances.

• Dishwasher and island breakfast bench.

• Coonara fireplace brings warmth to the heart of the home.

• Upgraded insulation and integrated smart home system.

• Zoned reverse-cycle heating/cooling with intercom, camera and security features.

• Ceiling fans in key areas further enhance year-round comfort.

• French doors reveal a peaceful lounge.

• Oversized laundry adds everyday functionality.

• Two-way stone-topped family bathroom with dual basins.

• Double remote garaging.

• Shady verandahs span the front and rear of the home.

• Covered patio overlooking the resurfaced inground salt and solar-heated pool.

• Powered machinery shed with secure storage bays and outdoor lean-to.

• Positioned on 3.18 acres (approx.).

• Tank water and raised vegetable beds.

• Automatic gated entry, circular driveway and generous off-street parking.

• Securely fenced paddock and round yard.

• Move straight in and enjoy the comforts already in place.

• Options to add your own touches and shape the next chapter.

Listing description written by Shaylee Sweetnam, Homes & Acreage — reproduced as published, not verified by Districts.

Property features

  • In-Ground Pool
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.