Somers, VIC 3927
Compare Part of Mornington Peninsula
66.90 km
Distance from Melbourne CBD
2 k
Population
Median Sale Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $508,000 | 0.0% | $311,000 | $2,700,000 | 42 |
| 2010 | $633,000 | +19.7% | $257,500 | $3,025,000 | 68 |
| 2011 | $625,000 | -1.3% | $455,000 | $2,700,000 | 36 |
| 2012 | $765,000 | +18.3% | $470,000 | $4,825,000 | 29 |
| 2013 | $700,000 | -9.3% | $260,000 | $2,600,000 | 52 |
| 2014 | $738,000 | +5.1% | $1,001 | $1,900,000 | 44 |
| 2015 | $740,000 | +0.3% | $490,000 | $2,300,000 | 64 |
| 2016 | $790,000 | +6.3% | $180,000 | $3,600,000 | 54 |
| 2017 | $820,000 | +3.7% | $140,000 | $3,050,000 | 41 |
| 2018 | $931,000 | +11.9% | $732,000 | $3,380,000 | 26 |
| 2019 | $950,102 | +2.0% | $630,000 | $3,500,000 | 51 |
| 2020 | $1,200,000 | +20.8% | $675,000 | $3,300,000 | 41 |
| 2021 | $1,706,750 | +29.7% | $1,000 | $5,500,000 | 54 |
| 2022 | $1,825,000 | +6.5% | $1,153,000 | $8,000,000 | 29 |
| 2023 | $1,550,000 | -17.7% | $130,000 | $9,400,000 | 44 |
| 2024 | $1,225,000 | -26.5% | $1,050,000 | $1,925,000 | 11 |
Median Sale Price
$1.41M
Based on 32 recorded sales within the last 12 months
Updated on 19 May 2024
Suburb Growth
-10.1%
Current Median Price: $1,410,000
Previous Median Price: $1,552,000
Based on 71 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $270 | $570 | 14 |
| 2012 | $360 | 0.0% | $285 | $500 | 21 |
| 2013 | $350 | -2.9% | $235 | $1,100 | 20 |
| 2014 | $360 | +2.8% | $300 | $900 | 40 |
| 2015 | $380 | +5.3% | $300 | $850 | 38 |
| 2016 | $480 | +20.8% | $325 | $2,500 | 23 |
| 2017 | $405 | -18.5% | $320 | $850 | 24 |
| 2018 | $640 | +36.7% | $370 | $750 | 9 |
| 2019 | $550 | -16.4% | $340 | $1,000 | 20 |
| 2020 | $560 | +1.8% | $350 | $1,200 | 20 |
| 2021 | $720 | +22.2% | $450 | $960 | 9 |
| 2022 | $600 | -20.0% | $340 | $1,180 | 11 |
| 2023 | $720 | +16.7% | $450 | $1,500 | 22 |
| 2024 | $820 | +12.2% | $550 | $1,300 | 6 |
Median Rent Price
$720
per week
Based on 17 recorded rent within the last 12 months
Updated on 19 May 2024
Rent Price Growth
+9.7%
Current Median Rent: $720
Previous Median Rent: $650
Based on 34 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,410,000
Current Median rent: $720
Based on 49 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)
Schools closest to Somers, VIC 3927
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Somers Primary School | 87 CAMP HILL ROADSomers 3927 | Primary | Government | 0.3 km |