Somerville started as a small township in the mid 1800’s and is rich in local history. The town is serviced by light rail and bus services and with fantastic facilities including supermarkets, sporting clubs and aquatic centre.
Somerville is predominately a young family area where people from the inner suburbs are attracted to a rural lifestyle with property ranging from unit complexes, family homes to acreage lifestyle property.
The demand for property in Somerville is as strong as ever before, reflecting in the constant population and market growth year after year. Somerville has progressed to a population today of approximately 14,000.
Somerville’s median house price grew to $442,000.00 at a rise of 9.1% compared to this time last year. Our current recorded days on market is 20.2 days and we are once again seeing an influx of buyers into the local market with supply well below demand.
Click to view an in-depth Somerville Market Review!