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VIC › Somerville › Swamp Gum Pl

3 Swamp Gum Pl, Somerville VIC 3912

For saleHouse for Sale

$1,250,000–$1,350,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

672 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,250,000–$1,350,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,250,000–$1,350,000(Listing record · 24 June 2026)
  • FactLand 672 m²; no building size recorded.(Property record)
  • CalculationAsk is 37% above the Somerville median recorded sale ($915,000, n=105, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Somerville's advertised median rent ($579/wk), implied gross yield would be 2.41% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,250,000–$1,350,000

Asking range · $1,860/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.

See the full Somerville report →

Vs Somerville

+36.6%

Median sale

Suburb $915,000

-0.88 pp

Gross yield

Suburb 3.29%

Suburb median $915,000 from 105 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,250,000
Stamp Duty (Victoria)
$68,750
Transfer/Registration Fee
$3,029
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,325,479

$75,479 on top of the price (6.0% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
0.91%
Annual cashflow (pre-tax)
$-53,642
Interest cover (DSCR)
0.17
Annual rent
$30,108
Operating expenses
$18,750
Loan amount
$1,000,000
Annual interest
$65,000
Gross yield
2.41%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,250,000–$1,350,000available24 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.4%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Somerville in one glance

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.

See the full Somerville report →

Keep researching

  • Why Somerville? Read the area thesis →
  • What else is on the market in Somerville →
  • Other records on Swamp Gum Pl →

Listing material

Listed by Homes & Acreage

Pamela

A statement in modern family luxury, this four-bedroom single-level residence showcases a flawless transformation within a peaceful Somerville cul-de-sac. Every element has been considered, resulting in a lifestyle sanctuary where glamorous interiors meet resort-style poolside living.

An elegant introduction leads to the master bedroom, where a walk-in robe and stylish ensuite establish a sense of comfort and indulgence.

At its centre, the cooking and dining domain acts as the social heart of the residence, beautifully separating the living room and relaxed family area. The sophisticated shaker kitchen features an expansive breakfast bar, chef’s oven, integrated wine storage and premium surfaces. A concealed butler’s pantry adds a stainless-steel dishwasher and kick-sweep vacuuming.

Read the full description

Three rear bedrooms continue the home’s generous accommodation, including one with a study nook and built-in robe, while the remaining two are enhanced by walk-in robes. The adjoining bathroom and laundry maintain the consistent palette and carefully selected finishes, incorporating a deep bath, timber vanity and walk-in shower.

Decorative wall panelling, statement lighting, white interiors and plantation shutters reveal a designer aesthetic with a bespoke feel. Ducted heating, split-system cooling, hybrid flooring and extensive cabinetry deliver practicality beyond expectation.

Tailored for year-round recreation, bifold doors open to a decked entertaining platform overlooking the solar-heated self-chlorinating saltwater pool. A dedicated firepit zone, spacious lawn area and garden shed complete the outdoor setting, while the double remote garage provides secure vehicle storage.

The property is further equipped with efficient rooftop solar, off-street caravan parking, smart lock keyless access and camera doorbell technology.

A highly regarded Woodlands Estate address delivers the perfect balance of tranquillity and convenience, with schools, shopping, transport and leisure facilities close by. This is a golden Peninsula opportunity perfectly suited to those who desire a home of substance, outstanding presentation and complete readiness.

Homes and Acreage is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Karl Richmond on 0429 008 550.

Features:

• Modern four-bedroom single-level family residence.

• Showcasing a flawless transformation within a peaceful Somerville cul-de-sac.

• Lifestyle sanctuary where glamorous interiors meet resort-style living.

• Elegant master bedroom with walk-in robe and stylish ensuite.

• Cooking and dining domain acts as the social heart of the floorplan.

• Separate living room and relaxed family area.

• Sophisticated shaker kitchen with butler’s pantry.

• Expansive breakfast bar, chef’s oven and integrated wine storage.

• Premium surfaces, stainless-steel dishwasher and kick-sweep vacuuming.

• Bathroom with deep bath, timber vanity and walk-in shower.

• Decorative wall panelling, feature lighting, white interiors and plantation shutters.

• Ducted heating, split-system cooling, hybrid flooring and extensive cabinetry.

• Bifold doors opening to a decked entertaining platform.

• Solar-heated self-chlorinating saltwater pool.

• Dedicated firepit zone, spacious lawn area and garden shed.

• Double remote garage providing secure vehicle storage.

• Efficient rooftop solar and off-street caravan parking.

• Smart lock keyless access and camera doorbell technology.

• Positioned in the highly regarded Woodlands Estate.

• Perfect balance of tranquillity and convenience.

• Near to schools, shopping, transport and leisure facilities.

• Offering substance, outstanding presentation and complete readiness.

Listing description written by Karl Richmond, Homes & Acreage — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.