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VIC › Junortoun › Somerset Park Rd

41 Somerset Park Rd, Junortoun VIC 3551

House

$1,040,000

Last sold

5 Nov 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

10,117.141 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,040,000 (5 Nov 2024).(Recorded sale)
  • FactLand 10,117 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Junortoun (last 5 years) with land size: median $501/m² of land (n=93). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,040,000

5 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Junortoun (last 5 years) with land size have a median of $501/m² of land (n=93). Districts calculation from recorded sales — not a valuation.

Junortoun at a glance

3,678

People

$937,500

Median sale

$540/wk

Median rent

3.00%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Junortoun report →

Vs Junortoun

+10.9%

Median sale

Suburb $937,500

-0.30 pp

Gross yield

Suburb 3.00%

Suburb median $937,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,040,0005 Nov 2024
  2. Listedprice unknowncompleted7 Oct 2024

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 $540/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

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

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

Junortoun in one glance

Junortoun at a glance

3,678

People

$937,500

Median sale

$540/wk

Median rent

3.00%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Junortoun report →

Keep researching

  • Why Junortoun? Read the area thesis →
  • What else is on the market in Junortoun →
  • Other records on Somerset Park Rd →

Listing material

Listed by McKean McGregor McKean McGregor

Modern Country Charm with Space and Style in Prime Junortoun Location

This well designed home blends character-filled interiors, elegant finishes, and expansive outdoor spaces, set on a generous block short drive way from local schools and Bendigo CBD.

Beautifully Designed and Perfectly Positioned -

Built in 2017 and thoughtfully extended in 2021, this weatherboard and brick family home perfectly blends the elegance of a modern country cottage with stylish finishes and a practical layout. From the white picket fence at the front to the classic style windows and feature oak French doors inside, the home exudes warmth and character. Set in the sought-after suburb of Junortoun, just minutes from Catherine McAuley College and a short 10-minute drive to Strathfieldsaye shops or 15 minutes to Bendigo’s CBD, it’s the ideal sanctuary for those seeking both charm and convenience.

Read the full description

Expansive Outdoor Living and Shed Space -

Set on a generous block, this property is perfect for those who love to spend time outdoors. The Merbau timber deck wraps around the back of the home, creating an ideal space for entertaining or relaxing. The property also features a large 4-bay shed with a concrete floor, perfect for use as a workshop, storage for vehicles, or hobby space. With plenty of flat grassed area for kids to play, a fruit orchard, automated irrigation system, and a charming cubby house, the backyard offers both functionality and a touch of rural charm.

Elegant Interiors and Cozy Features -

Step inside to discover a stunningly crafted home filled with character and modern conveniences. The layout is designed to let in plenty of natural light, creating a bright and airy feel throughout the open plan living area, while the cozy lounge, complete with carpet, offers a private retreat for quiet evenings. The heart of the home is the inviting kitchen, which boasts high-end features such as Caesarstone benchtops, a classic butcher’s sink, and a 900mm freestanding oven and cooktop. Open timber shelving adds a rustic feel, while the large adjoining walk-in pantry connects seamlessly to the laundry. This home ensures year-round comfort with a reverse cycle split system in the main living area, ceiling fans in all bedrooms, and a ducted woodfire place that efficiently heats the entire house.

Disclaimer: All property measurements and information has been provided as honestly and accurately as possible by McKean McGregor Real Estate Pty Ltd. Some information is relied upon from third parties. Title information and further property details can be obtained from the Vendor Statement. We advise you to carry out your own due diligence to confirm the accuracy of the information provided in this advertisement and obtain professional advice if necessary. McKean McGregor Real Estate Pty Ltd do not accept responsibility or liability for any inaccuracies.

Listing description written by Amy Sim, McKean McGregor McKean McGregor — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 2
Districts

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.