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 › North Cres
$1,280,000
Last sold
28 Sept 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
912 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
$1,280,000
28 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,281/m² of land (n=81). 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.
Vs Somers
+6.2%
Median sale
Suburb $1,205,000
-0.13 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 The Coast Real EstateDiscover the serene charm of beachside living with this delightful three-bedroom retreat, centrally positioned just a short walk from everything Somers has to offer. Set on a generous 912sqm block, this home is graced with sunlit, flourishing gardens and features a variety of hideaway spaces for the whole family to enjoy.
Step inside to a bright and airy main living area, offering a picturesque garden outlook and a cozy wood fire. The kitchen offers ample storage and practicality with a free standing all electric cooker and dishwasher. Entertaining is a breeze with the adjacent dining area, flowing out to the north facing deck and garden surrounds.
The spacious main bedroom boasts tranquil garden views and a walk-in robe, while two additional bedrooms are each fitted with built-in robes. The well-appointed shared bathroom includes a walk-in shower and bathtub, complemented by a separate toilet and a laundry with rear access.
The south terraced garden features charming boardwalk pathways and an outdoor shower, perfect for rinsing off after a day at the beach. Lush with grevilleas, banksias, and native succulents, this area offers a peaceful retreat for quiet reflection.
The north garden showcases an expansive entertaining deck that seamlessly connects the main house to a charming bungalow complete with built in cabinetry, robes, split system and powder room. The vibrant garden surrounding the deck is a burst of colour, leading you to a stone pathway that winds to a craft room/workshop—an ideal sanctuary for hobbyists. Enjoy a sunlit haven with a mix of culinary plants, ornamentals, and a prolific veggie patch. There's ample storage for garden tools and beach toys, including a lined garden shed with a sliding door, covered storage area, and a double carport.
Located within a short walk to Banksia Square, beach trails, The Somers General, and primary school, this property is perfect for your new beachside escape or for permanent sea change. Don't miss your chance to embrace the serene charm of this beachside retreat. This property truly offers a harmonious blend of comfort and functionality, perfect for creating lasting memories with family and friends. Contact us today to arrange a viewing and experience firsthand the unique allure of this delightful home.
Features Include:
• Spacious light-filled living spaces
• Main bedroom with walk-in robe and garden outlook
• Wood heater and split system air conditioning
• Garden studio/bungalow with powder room
• Beautifully landscaped with garden paths and boardwalks
• 4.2kW solar system, garden storage and double carport
• Short walk to beach trails, parks and The Somers General
• Land size 912sqm (approx.) – General Residential Zone
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.