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 › Jones Rd
$990,000–$1,080,000
For sale
Asking range
5
Bedrooms
2
Bathrooms
2
Car spaces
826 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
$990,000–$1,080,000
Asking range · $1,199/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
+8.2%
Median sale
Suburb $915,000
-0.25 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.
$60,571 on top of the price (6.1% 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 3.0%. 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 & AcreageA dream come true for large or extended families, this delightfully spacious home impresses with a remarkable choice of living areas and a fully self-contained wing to very comfortably accommodate in-laws, overnight guests or adult kids saving for their own home.
Warm, welcoming and well-maintained, the main house features 3 living zones across a free-flowing single level with sets of sliding glass doors opening to an enchanting central alfresco terrace beneath an all-season pergola.
A pristine kitchen is fitted with a 900mm stainless-steel oven and gas cooktop with ample counter space, while the 3 bedrooms are cradled down a separate hall with a full family bathroom with shower, tub and a separate WC off the laundry.
Connected to the main house yet able to be closed off for privacy, the 2-bedroom apartment in the rear provides another full bathroom, its own living room and kitchen with Chef oven, along with a private sun patio through sliding glass doors off the meals area.
A very easy stroll to Somerville town centre, the train station, Somerville Central shopping centre, restaurants, takeaways, Somerville Rise Primary School, Somerville Secondary College and recreational facilities, this location is perfect for every age and stage.
Among a list of extras, the property includes ducted heating, split-systems, airconditioning, a garden shed, lovely gardens and a tandem garage, along with separately metered services, yet billed at single council rates.
Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au
Features:
Main house
• Surprisingly spacious with 3 living zones
• Pristine kitchen with 900mm Westinghouse oven
• Sliding glass doors to large central terrace with pergola
• 3 bedrooms zoned down separate hall
• Full family bathroom with separate toilet
Self-contained wing
• Living area
• Kitchen with Chef oven
• Sliding glass doors to private sun patio
• 2 bedrooms
• Full family bathroom with separate toilet
The property
• Ducted heating & split-systems
• Tandem garage
• Lovely gardens
• Separately metered yet single rates
Listing description written by Candice Blanch, Homes & Acreage — reproduced as published, not verified by Districts.