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
$2,500,000
Last sold
5 Oct 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
1,368 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
$2,500,000
5 Oct 2023 · 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
+107.5%
Median sale
Suburb $1,205,000
-1.12 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 EstateWelcome to 38 North Crescent, the epitome of coastal living in a serene court location. This sensational family home harmoniously blends clean architectural lines, ideal orientation, and exquisite craftsmanship, making it the most desirable place to call your own in the area.
Step into this modern paradise, and you'll be captivated by the thoughtful attention to detail and a perfect fusion of flair and function. As you approach the front door, you're greeted by bluestone pavers and native grasses, setting the tone for the contemporary elegance that awaits inside.
The heart of this home is its open plan living area, a true masterpiece that reflects quality and creativity in every aspect. The expansive living space boasts high ceilings, adorned with a celestial window that bathes the room in natural light. Cozy up around the wood fire during chilly evenings, or simply slide open the large doors to access the expansive north-facing deck, perfectly positioned to catch the afternoon sun.
Imagine your own oasis within the house - the main bedroom suite is a haven of luxury. With direct access to the deck, a fully fitted walk-in robe, and a deluxe ensuite featuring a double vanity, a shower, and a large soaker tub, it's a retreat you'll never want to leave. Additionally, there's a private parents' retreat and a study, finished with custom cabinetry, for moments of peaceful solitude.
The family-friendly design of this home doesn't stop there. Three more bedrooms are tucked away at the rear of the house, with its separate living area and a deluxe bathroom. Bedroom four even grants access to the second deck, allowing everyone to bask in the beauty of the outdoors.
For those who love to cook and entertain, the kitchen at 38 North Crescent is a dream come true. Equipped with an Ilve 6-burner 900mm stainless steel cooker and a large central island bench, it's a culinary haven. The coffee station and walk-in pantry ensure everything is within easy reach. You'll adore the view of the protected courtyard with a fire pit and garden wall feature, perfect for cultivating herbs and succulents, adding a burst of colour and creativity to your space.
Embrace the coastal lifestyle you've always dreamed of at 38 North Crescent. With its seamless blend of design, functionality, and natural beauty, this remarkable residence is unquestionably the best place to call home in the area. Don't miss the chance to make this stunning family paradise yours!
* Double garage with an adjoining workshop and wash area
* Ducted heating, gas log fire, split system air conditioning
* Private garden setting, with established tress and tree house
* Easy walk through Banksia Square to South Seas Beach
* Land Size 1368m2 – General Residential Zone
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.