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 › Goldsmith St
$2,100,000
Last sold
24 Mar 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
1,574 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
$2,100,000
24 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,281/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
+74.3%
Median sale
Suburb $1,205,000
-0.92 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 EstateNothing compares to the spaciousness of this amazing 4-5 bedroom beachside home with its family-friendly floorplan set on over 1/3 of an acre (1576m2). There's an extra wide frontage (32.60 metre), a circular drive and an ideal orientation to catch the northern sun, which all adds to the appeal.
If you have a few kids (including grandkids) or need room to grow, then this is the home for you. The bonus is it's within easy walk of the school, beach, store, parks, oval and clubs.
A flourishing native garden at the front provides plenty of privacy to enjoy the wide and shady verandah which is a beautiful spot to watch the birdlife at play amongst the Grevilleas, Banksias, Leucadendrons and Eucalypts.
This is open plan living at its finest. It offers spaciousness and refinements, premium hardwood floors and high ceilings, concertina doors that fold back to give you ease of access to the generous deck and spa area with a northern aspect across the rear yard.
The family-sized kitchen takes centre stage and is finished with a large breakfast bar with stone bench tops, 900mm series Stainless Steel Glem Gas cooker with gas 5 burner cook top and combo gas / electric oven, a Miele steamer oven, Asko dishwasher, appliance cupboard and walk-in pantry.
The expansive dining area has views over the deck / spa and is set up for a table of ten but could easily accommodate twelve or a few more. The main living area flows around to the bar finished with stone bench tops, sink and room for the bar / wine fridge. Adjacent is a sitting area around the fireplace and down the hall is the rumpus / 5th bedroom that opens to the deck. The front of the home features a separate more formal sitting room / den and a home office / study with custom cabinetry.
With the concertina doors opened to the covered deck, it becomes the indoor-outdoor living you've dreamt of. The northern deck is mostly covered and extends at one end to the rumpus room and across to the adjoining spa area with change room / bathroom. The open lawns and gardens are framed with a mix of native and flowering shrub and ornamental pears. The well-maintained rear garden includes a mini orchard with plums, apples, apricots, citrus and olives plus water tanks down the side.
The main bedroom suite is located at the western end of the home and is fitted with plantation venetians, drapes and a generous walk-in robe / dressing room and large ensuite with double vanity. The family wing of the home has three double bedrooms all with robes, a deluxe bathroom, powder room and the rumpus / 5th bedroom.
Generously proportioned and complete with amenities is the theme here. The laundry has plenty of storage and accesses the double garage with workshop, with more storage. A rear roller door opens into the back yard.
This house with its spaciousness, refinements and a host of extras, is within an easy walk of the school, beach and store.
Features include.
* Expansive open plan, 4 - 5 bedroom, home office and front sitting room / den.
* Rear covered deck, adjoining spa area with change room / bathroom.
* Double garage workshop / storage, circular drive, ample off-street parking
* Hydronic heating, central cooling, ducted vac, security system, 2.1kw solar system.
* Land 1576m2 approx. General Residential Zone
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.
Also look at
55 Tower Hill Rd, Somers VIC 3927
3-bed house for sale. Asking $1.2M–$1.28M.
20 Oxley Ct, Somers VIC 3927
3-bed house for sale. Asking $2.9M–$3.19M.
2 Reserve Rd, Somers VIC 3927
4-bed house. Asking $2.3M–$2.5M.
80 Palm Beach Grove, Somers VIC 3927
3-bed house for sale. Asking $2.25M–$2.45M.