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 › The Promenade
4
Bedrooms
3
Bathrooms
4
Car spaces
1,439 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,284/m² of land (n=82). 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.
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 Buxton Mornington Peninsula – FlindersComposed without compromise along one of the Peninsula's most secluded beachfront boulevards, this breathtaking family residence displays an unsurpassed luxury and sophisticated designer style, accentuated by captivating waterscapes framed by vast walls of glazing, including an internal lift providing effortless access to both levels. Designed to be one with its surrounding environment and to make the most of the 180 degree views, its subdued tones, meandering native gardens and unbridled touches of refinement culminate to produce a unique living experience within one hour easy commute to Melbourne.
A union of form and function is prominent from the moment you arrive, with raised beds, a low roofline and a transparent frontage working on blending seamlessly with its beachfront setting and pristine swimming beach. An oversized entry door and grand entrance hall promote an unmatched sense of scale underscored by the top floor's open living, dining and alfresco entertainment zones, taking full advantage of a privileged outlook with a mass of picture windows and a bay-facing balcony.
A suite of Gaggenau and Miele professional appliances cater impeccably to any gourmet challenge, arranged with precision for the utmost ergonomics and entertaining ease. A bi-fold servery window opens to the encapsulated north-facing deck, featuring heat strips and a louvred roof, as well as a wall of frameless bi-fold doors that instantly increases its size and functionality for entertaining on a grand scale.
The master's wing enjoys a peaceful existence beside a separate sun-bathed retreat, equipped with a twin-vanity ensuite with heated floors and a dressing room. An additional accommodation wing is housed on the lower floor with the flexibility to be fully self-contained, featuring an open-plan living and kitchen area, separate external entry, and three bedrooms, including a second master suite.
Native gardens with an array of sitting nooks, water peeks and flourishing kitchen gardens reflect the serenity and fragility of the immediate landscape, dotted with an outdoor shower and practical storage areas. A comprehensive list of finishing touches includes a four-car garage with through access, a temperature-controlled wine cellar and tasting room, zoned heating and cooling, and a 6-star energy rating. Swim with the dolphins just metres from your front door, enjoy the panoramas towards Flinders and Phillip Island including magnificent sunsets or explore the great Peninsula region, famous for its world-class golfing and epicurean experiences.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Listing description written by Michael Parker, Buxton Mornington Peninsula – Flinders — reproduced as published, not verified by Districts.