When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data.
I am delighted to be able to provide you with the information for Somerville, Victoria and you may be interested to see if you are sitting on a a great investment!
You can download the full report suburb_statistics_report-Somerville_June_2016 or just read through the summary below.
According to RP Data reports, Somerville Victoria has had an overall increase in the Median Sale Price in May 2016 compared to May 2015, it is also some $114,000 above the same time in 2014.
When compared to the Mornington Peninsula as a whole, Somerville is $146,000 below the Peninsula for the Median House Sales in May 2016 and $94,000 below the Mornington Peninsula for Unit sales.
Land Sales in Somerville are $1,000 lower than the Median Land Sales Prices for the Mornington Peninsula.
The Total number of house sales in Somerville so far has been 54, with 177 total for 2015.
The Total number of unit sales in Somerville so far has been 14, with 46 total for 2015.
The Total number of land sales in Somerville so far has been 4, with 49 total for 2015.
If you would like more information regarding your particular home, unit or land, then contact me anytime on 0419 503 327 or via email to email@example.com