Three Acres in a Great Somerville Location

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2/39 South Boundary Road East, Somerville VIC 3912

$550,000 - $600,000

Search Band Search Visibility Band

$550k - $600k High Confidence Calculated based on strong search observations.

Land 3 acres

Listed: 25 days ago

Overview

This appealing property offers approximately three acres of land within the desirable Somerville postcode, presenting a compelling entry point into acreage living. The elongated parcel's distinctive shape provides buyers with a versatile canvas to realise personal development aspirations, contingent upon council approval.

Positioned in a convenient locale, the land strikes a balance between spacious rural lifestyle benefits and proximity to essential conveniences such as shops, schools, and public transport. It also offers accessible escapes to the Mornington Peninsula's array of recreational attractions, enhancing its lifestyle appeal.

With the land expected to be titled by August 2027, the opportunity exists for earlier settlement through negotiation, including potential exemptions for sheds supported by prior planning advice. This aspect broadens usability options, whether for a hobby property, a future family home, or seeking refuge from denser suburban confines.

This property is likely to attract buyers who value space and flexibility over traditional residential offerings and who are looking for an affordable pathway into the acreage market without compromising on location advantages. The potential to craft a bespoke living environment tailored to personal needs makes this a noteworthy prospect.

Local Market Insights

In Somerville, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $912,500. The property type mix of listed properties is predominantly Houses at 73%, followed by units (13%), and land (13%). The only agency with for land listings currently monitored in the Somerville area is Harcourts. 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.