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 › The Promenade
3
Bedrooms
2
Bathrooms
2
Car spaces
580 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,284/m² of land (n=82). 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.
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 EstateSome homes and beach locations are blessed with all the coastal design flair and function, or the perfect beachside living, water views and more. 5 The Promenade is one of those rare finds and oozes with character and charm and has an enviable position just 40 paces to the sand.
Set off the main road and nestled amongst the coastal landscape in this highly sought-after and exclusive Western Port location this beautifully maintained 3 bedroom beach house awaits a new family to carry on the tradition and enjoyment of living by the sea.
Living spaces inside and out are bathed with sunlight harmonises with close-water views, and the quiet, private, cool and shaded spots that give you a multitude of options for entertaining or to just kick back- setting aside your busy life for a while.
From the upper-level kitchen that's finished with granite bench tops, breakfast bar, and stainless steel Smeg cooker, you can take in the magic water view and get easy access to the beachside deck and covered north-facing alfresco area.
The open plan dining / living has polished hardwood floors and rich charcoal-blue feature walls that contrast with the fresh white decor and trims that combine to give that relaxed coastal-country feel. The family room opens to the north-eastern deck and lawns that extend to the crazy-paved terrace that is a sun haven amongst the same native and coastal shrub landscaping theme that greets you from the street-front.
The main bedroom is finished with VJ lining boards, walk-thru robes and a new deluxe ensuite with double vanity and spring garden inspired feature wall to brighten up your day. Two additional bedrooms both finished with coastal /country flair and the new family bathroom with teardrop bath and euro-laundry are all located on the lower level.
5 The Promenade epitomises the relaxed coastal lifestyle, where your daily walk or swim is just a stone's throw away and tradition of family time at the beach are ready to be created.
Features Include:
* Close water views, to The IsIand and around to Balnarring.
* Easy walk to the Yacht Club, General Store, Koala Park and coastal trails.
* Open plan living access to north-facing deck and covered alfresco.
* Jetmaster wood fire and split system air-conditioning
* Double carport with high clearance, rear workshop and garden shed.
* Fully landscaped, bluestone crazy paving, coastal shrubs, veggie boxes.
* Land 580m2 approx. General Residential Zone.
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.