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.
$4,900,000
Last sold
7 Dec 2021
4
Bedrooms
3
Bathrooms
10
Car spaces
303,514.232 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
$4,900,000
7 Dec 2021 · derived via latest_sale
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
+306.6%
Median sale
Suburb $1,205,000
-1.64 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 Homes & Acreage*Please be advised that under Government Guidelines only fully vaccinated people are allowed to attend Open House Property Inspections. To be allowed entry our staff must site a copy of your vaccination certificate together with your ID. Should you be unable to provide proof of vaccination we can schedule a private inspection for you at an alternative time however this may not be possible on the weekend due to time constraints. We appreciate you understanding and cooperation with the current situation*
With stunning views over its own private lake and waterbird sanctuary as well as 75 acres of lush pasture for grazing, this superb seaside acreage is on the market for the first time in a generation.
Totally private at the end of a long driveway, this is an incredible opportunity so close to the coast, moments from shops and services and barely an hour from the city.
Featuring a contemporary four-bedroom home with a self-contained area ideal for in-laws, extended family or even as farm-stay accommodation, the residence delights with a stacker doors opening to a covered alfresco entertaining area gazing across the tree-ringed lake.
Surrounded by lush lawns with a jetty to dive off and swim around an island or paddle a canoe, the home offers three living areas including an open plan meals/family room and lounge with wood heaters, while the apartment has a generous living space opening to garden patios.
The modern kitchen has stone benchtops, quality appliances and a walk-in pantry, three bathrooms include a master ensuite, all bedrooms have walk-in robes, two have French doors onto the front veranda and there is also a remote double garage with internal entry to the home.
With substantial shedding readymade to run a business, house machinery, a car collection or more, the property is broken into five and two smaller paddocks and features metal stockyards, automatic water troughs and two dams.
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:
• Lush 75 acre property
• Modern 4BR residence
• Self-contained apartment
• Quality kitchen appliances
• Walk-in pantry
• 3 living areas
• 3 bathrooms
• Covered alfresco
• 2 wood heaters
• S/system aircon
• Remote double garage
• 2 work sheds – 12.8x24m
• 5KW solar power system
• Automatic water troughs
• Bore water – Gravity fed from tanks
• Underground water tanks
• Man-made lake – 3 metres deep
• Cattle yards & race
• 7 paddocks – Ring lock
• Total privacy
• Moments to Somers Beach
• 1hr from Melbourne CBD
Listing description written by Penny Verco, Homes & Acreage — reproduced as published, not verified by Districts.