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.
VIC › Somerville › Bungower Rd
$1,910,000–$2,100,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
10
Car spaces
8,862.616 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
Asking
$1,910,000–$2,100,000
Asking range · $216/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.
Vs Somerville
+108.7%
Median sale
Suburb $915,000
-1.71 pp
Gross yield
Suburb 3.29%
Suburb median $915,000 from 105 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$112,364 on top of the price (5.9% extra)
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.
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.
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.
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 $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.
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.
Gross yield if leased at the suburb aggregate is 1.6%. 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
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
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.
Listing material
Listed by Homes & AcreageDelivering the perfect balance of polished modern living and acreage versatility, this fully reimagined four-bedroom residence enjoys approximately 2.2 acres in sought-after Somerville. A substantial shed extends the property's appeal, providing incredible flexibility for hobbyists, trades, work-from-home pursuits or those looking to embrace a more spacious way of life
Beyond the inviting entry, the home unfolds into a beautifully appointed living room and adjoining formal dining zone. The light-filled interior continues through to a relaxed family room, stone-topped kitchen and casual meals area. This culinary zone showcases 2-pac soft-closing shaker cabinetry, a generous island breakfast bar, integrated dishwasher, induction cooktop, wide underbench oven and large pantry. Cleverly concealed, the butler’s pantry adds an appliance nook, dedicated coffee station and additional workspace.
The private master bedroom provides a serene sanctuary, capturing sweeping garden views, a generous walk-in robe and luxurious ensuite with full-height tiling, brushed-nickel tapware, twin vanities and an impressive statement bath. The remaining bedrooms, each with mirrored robes, are serviced by a central bathroom, continuing the same tailored finishes and considered design. An oversized laundry offers extensive storage and direct outdoor access.
A timeless sense of style flows throughout, with high ceilings, decorative cornices, elegant wainscoting, plantation shutters, double-glazed windows and floor-to-ceiling window furnishings. Crisp white tones pair with timber-look flooring to create a refined yet welcoming feel, complemented by zoned refrigerated cooling and ducted heating for year-round comfort.
Built with Thermacell construction, every season is enjoyed in greater comfort thanks to exceptional thermal efficiency, acoustic insulation and the reassurance of fire-retardant protection.
A circular driveway creates a welcoming arrival, framed by sprawling grounds and boundary trees that reinforce the property's peaceful semi-rural setting. Front and rear verandahs extend the home's connection with the outdoors, and an alarm system delivers peace of mind. A remote double garage with internal access provides everyday convenience in all weather, while two large water tanks offer the flexibility of tank or town water.
A remarkable feature in its own right, the enormous high-clearance factory shed delivers outstanding versatility. Accommodating up to 12 vehicles, it incorporates a workshop, vehicle hoist, office, kitchenette, powder room and sitting area. Perfect for trades, home-based enterprises or hobbyists, it also offers exciting potential for guest accommodation or an Airbnb-style retreat (STCA). Dual inverter heat pump hot water systems provide an energy-smart hot water solution.
Every inch reflects an unwavering commitment to craftsmanship, creating a lifestyle defined by warmth, classic appeal and understated sophistication. No expense has been spared. Despite its idyllic country surrounds, Somerville's schools, shopping precinct, cafés, train station, bus services and the Peninsula Link are all just a short drive away.
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:
• Delivering the perfect balance of polished modern living and acreage versatility.
• Fully reimagined four-bedroom residence.
• Enjoying approximately 2.2 acres in sought-after Somerville.
• Substantial shed providing incredible flexibility.
• Fit for hobbyists, trades, work-from-home pursuits or those seeking space.
• Beautifully appointed living room and adjoining formal dining zone.
• Relaxed family room, stone-topped kitchen and casual meals area.
• Quality 2-pac soft-closing shaker cabinetry and generous island breakfast bar.
• Integrated dishwasher, induction cooktop, wide underbench oven and large pantry.
• Cleverly concealed butler’s pantry with appliance nook and dedicated coffee station.
• Private master bedroom capturing sweeping garden views (walk-in robe).
• Luxurious ensuite with full-height tiling, brushed-nickel tapware and twin vanities.
• Mirrored robed bedrooms serviced by a central bathroom.
• Oversized laundry offering extensive storage and direct outdoor access.
• High ceilings, decorative cornices, elegant wainscoting and plantation shutters.
• Double-glazed windows and floor-to-ceiling window furnishings.
• Crisp white tones pair with timber-look flooring.
• Zoned refrigerated cooling and ducted heating for year-round comfort.
• Built with Thermacell construction for thermal efficiency and acoustic insulation.
• Circular driveway creating a welcoming arrival.
• Peaceful semi-rural setting with sprawling grounds and boundary trees.
• Alarm system and front/rear verandahs.
• Remote double garage with internal access.
• Two large water tanks offering the flexibility of tank or town water.
• Enormous high-clearance factory shed accommodating up to 12 vehicles.
• Workshop, vehicle hoist, office, kitchenette, powder room and sitting area.
• Efficient dual inverter heat pump hot water system.
• Close to schools, shops, train/bus services and the Peninsula Link.
Listing description written by Shaylee Sweetnam, Homes & Acreage — reproduced as published, not verified by Districts.