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VIC › Somers › East Cres

46 East Cres, Somers VIC 3927

House

$2,650,000

Last sold

21 Feb 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

1,027 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 $2,650,000 (21 Feb 2023).(Recorded sale)
  • FactLand 1,027 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Somers (last 5 years) with land size: median $1,281/m² of land (n=81). 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

$2,650,000

21 Feb 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.

See the full Somers report →

Vs Somers

+119.9%

Median sale

Suburb $1,205,000

-1.18 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 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$2,650,00021 Feb 2023
  2. Listedprice unknowncompleted10 Jan 2023
  3. Soldprice unknown18 Dec 2019
  4. Listedprice unknowncompleted20 Nov 2019

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 $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.

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

Somers in one glance

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.

See the full Somers report →

Keep researching

  • Why Somers? Read the area thesis →
  • What else is on the market in Somers →
  • Other records on East Cres →

Listing material

Listed by The Coast Real Estate

Perfect in every way

Set at the top of the court with the beach just a few minutes away creates the ideal position for this master crafted, fully renovated family home that offers pure luxury and exceptional quality in every way.

There's a distinct and refined coastal charm from the street front that's framed by red brick edging, native grasses and box hedging that leads you up to the wide and shady verandah. The verandah sweeps around to the north facing garden that's blooming with fragrant Gardenias.

From the wide entry hall, you'll be greeted by ornate cornices and washed oak timber floors that extend through the home to the new addition with family room, dining, sensational kitchen and extensive deck areas.

Read the full description

The kitchen has the wow factor which is highlighted by the super-sized island bench / breakfast bar finished with Caesarstone benchtops that complement the oak floors and the abundance of cabinetry. Asko conventional and combo ovens, gas four burner cooktop with wok burner, integrated dishwasher and fridge, and pot drawers galore will inspire the chef in you.

A sensational and spacious open plan with study nook has the dining area positioned to maximise the garden view and allows for easy access through the large sliding doors to the fabulous northern deck. The main living zone enjoys more of the garden views and has the same easy access to the partly covered, larger rear deck. A separate more formal lounge / sitting room with gas log fire and French doors to the deck plus a loft / rumpus room provide additional spaces to enjoy with same level of luxury and exceptional quality.

The front main bedroom has fully fitted walk-in-robe and a deluxe ensuite while the second bedroom / home office with a loft is across the hall. To the rear of the home, off the main living area are two additional bedrooms both with robes plus a stunning family bathroom. The powder room and large laundry completes the professionally designed interior that creates a home that is so easy to enjoy.

Surrounding the home are beautifully structured, fully landscaped grounds that flow from front to back which will expand your options for deck-side entertaining, dining and outdoor leisure time anytime of the year.

With South Beach just a few minutes away and choice of long stretches of sandy beaches, rock pools and coastal trails to explore, and a host of culinary delights, activities and community amenities just a short drive makes #46 perfect in every way.

Features include:

* Open plan living, study nook and separate lounge and loft rumpus rooms

* Deluxe kitchen, super-sized island bench, Asko cooking appliances

* Shade blinds (remote controlled), sheer curtains plantation shutters, quality floor coverings.

* Central heating and cooling, double glazing, ceiling fans and gas log fire

* Remote front gates, Double carport, large workshop / shed and automated irrigation system

* Land 1027m2 approx. General Residential Zone

Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.

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.