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 › Stanley St
$1,230,000
Last sold
4 July 2026
3
Bedrooms
2
Bathrooms
6
Car spaces
801 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
$1,230,000
4 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Somerville (last 5 years) with land size have a median of $1,394/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
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
+34.4%
Median sale
Suburb $915,000
-0.84 pp
Gross yield
Suburb 3.29%
Suburb median $915,000 from 105 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 $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.
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
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 Merchan Realty GroupExpressions of Interest closing Tuesday 7th July 2026 @ 5PM
Showcasing one of Somerville's most exquisite renovations, this 3-bedroom, 2-bathroom entertainer astounds with its refined expression of modern lifestyle living, bringing design and day-to-day functionality together in an entertainer's special you're bound to love. Perfectly positioned for the utmost peace directly opposite Barber Reserve, its reimagined proportions, enhanced finishes, and underlying sophistication are a sight to behold, perfect for those who want it all.
High fences with automated entry hide a reimagined form with an alfresco edge, spreading inside to a fireside open-concept layout primed for complete immersion and enjoyment. The stone-topped kitchen features quality appliances under waterfall counters, extending out to a covered alfresco terrace that stretches into the sunlight towards an in-ground pool terrace and dedicated bar area. Sealed low-maintenance surrounds, salt chlorination and heat pump heating enhance the pool and its surroundings beyond a mere warm-weather feature, creating a genuine year-round asset that asks very little in return.
Accommodation has been reconfigured, with the master suite astonishing with its raked ceiling, full-width robes, ceiling fan, and breathtaking ensuite, complete with twin vanities and a rainfall shower. Two additional bedrooms share a central bathroom of matching style and quality beside a fitted laundry and a covered outdoor utility area.
An immense 8.0 x 9.0m (approx.) garage/workshop at the rear is great for tradies or DIY enthusiasts, leading a list of features that includes split-system air conditioning, automated sprinklers, solar power, and plenty of off-street parking. A self-watering irrigation system services the front and back gardens, so you can pack up, leave, and not worry about a thing. A premier Somerville location is curated for easy family living, directly across from Barber Reserve, and only moments from Somerville Primary, village shopping, Central and Plaza shopping centres, Somerville Station, and freeway/highway access.
Listing description written by Josh Merchan, Merchan Realty Group — reproduced as published, not verified by Districts.