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 › Nottingham Ave
$850,000–$870,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
2
Car spaces
685 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
$850,000–$870,000
Asking range · $1,241/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
-7.1%
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.
$51,863 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 3.5%. 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 & AcreageLife is easier when everything is just a stroll away. Positioned in one of Somerville's most convenient pockets, this single-level three-bedroom residence places Somerville Central, the train station, bus services, Somerville Rise Primary School and Somerville Secondary College all within walking distance. Whether you're starting out, slowing down or investing wisely, this is a location that will never go out of style.
Step inside to a welcoming living room where a feature gas log fire creates a warm focal point, before flowing through to the bright kitchen and meals area. The culinary space combines an underbench oven, cooktop, dishwasher, tiled splashback and soft-close drawers.
The updated interiors continue through to a sleek laundry and fully-tiled central bathroom servicing the robed bedrooms. Freshly presented throughout, the home is enhanced by timber-look flooring, split-system heating and cooling, overhead fans and a modern palette that makes it ready to move straight in.
Beyond the dwelling, the low-maintenance backyard is designed for entertaining. A freestanding undercover alfresco overlooks the lawn and dedicated barbecue area, while double gates provide secure off-street parking for additional vehicles, trailers or tradies. A pedestrian gate opens directly to the adjoining playpark, with privacy hedging, high fencing and a handy garden shed framing the outdoors beautifully. Completing the package is the ultimate standalone mancave featuring a bricked wood fire, wet bar, utility area, toilet and filtered hot/cold tank water.
From its walk-everywhere position to its impressive outdoor additions, this property presents an exceptional opportunity to secure a place that caters to everyday living, weekend recreation and everything in between.
Homes and Acreage is proud to be offering this property for sale. To arrange an inspection or for further information, please contact Shaylee Sweetnam on 0459 906 632.
Features:
• Life is easier when everything is just a stroll away.
• Positioned in one of Somerville's most convenient pockets.
• Updated single-level three-bedroom residence.
• Near to Somerville Central, the train station and bus services.
• Walk to Somerville Rise Primary School and Somerville Secondary College.
• For those starting out, slowing down or investing wisely.
• Step inside to a welcoming living room with gas log fire.
• Bright kitchen and meals area.
• Underbench oven, cooktop, dishwasher and soft-close drawers.
• Timber-look flooring, split-system cooling and ceiling fans.
• Low-maintenance backyard designed for entertaining.
• Freestanding undercover alfresco.
• Lawn and dedicated barbecue area.
• Double gates provide secure off-street parking for additional vehicles.
• Pedestrian gate opens directly to the adjoining playpark.
• Privacy hedging, high fencing and handy garden shed.
• Mancave with wood fire, wet bar, utility area and filtered hot/cold tank water.
Listing description written by Shaylee Sweetnam, Homes & Acreage — reproduced as published, not verified by Districts.