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107 Somerville Road, Hampton Park VIC 3976

$690,000 - $750,000 PRIVATE INSPECTION ONLY-Contact Agent.

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$690k - $725k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 653 m²

Listed: 54 days ago

Updated: 23 days ago

Overview

Set on an expansive 653 square metre allotment in one of Hampton Park's most sought-after areas, this property offers a unique blend of immediate livability and significant future potential. The existing home provides a comfortable layout with three spacious bedrooms and a central bathroom, allowing a family or investor to move in or lease immediately. A separate living area and a sunlit, versatile sunroom enhance the living spaces, delivering enjoyable year-round comfort.

The kitchen, equipped with gas cooking and an electric oven, seamlessly connects to the meals area, fostering a practical and inviting environment for daily family life. Comfort systems including split-system heating and cooling and ceiling fans ensure year-round climate control, while a lock-up garage offers secure parking and additional storage capacity.

Beyond the residence, the property's true asset lies in its highly flexible land potential. With redevelopment possibilities subject to council approval, it opens options for multiple dwellings, commercial, medical, or community use, making it an appealing prospect for developers or business-minded buyers. The fully fenced yard, outdoor entertainment area, shed, and solar panels add to the property's functionality and sustainable appeal.

Strategically located within moments of Hampton Park Shopping complex, schools, public transport, medical centers, and major roads, the home balances convenience with future growth opportunities. This property caters well to families, investors, and developers seeking a versatile asset in a premium location with excellent upside potential.

Local Market Insights

In Hampton Park, Quiet Listings observed 21 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $723,762. The property type mix of listed properties is predominantly Houses at 88%, followed by units (13%). The most active agency for houses in the Hampton Park area is currently Area Specialist, representing 48% of new listings, followed by LJ Hooker with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.