Back 1 and 2/702 Somerville Street
Off Market

1 and 2/702 Somerville Street

Buninyong VIC 3357

2829 m²
Land
Last sold for $545,000
Stu BrienStu Brien, last sold this property on 16 June 2025 after 398 days on market.

Overview

Countryside Land Parcel in Buninyong!

Country living that's within close proximity to the Buninyong township is increasingly rare. This land parcel will give the best of both country and town living for those looking to build a dream home or further develop with subdivision opportunity (STCA). Surround yourself with outstanding views and 2829sqm (approx.) and located on a corner block it has the potential to be sub-divided (STCA) into 3 house blocks or plenty of scope for a large family home, extra shedding and added space for the kids and pets to play. Start planning your new home today with services available out the front this could be your own slice of pristine rural living or development opportunity. Conveniently located close to public transport, sporting facilities and the Buninyong Primary School and offers an idyllic setting for those seeking a rural lifestyle without sacrificing convenience. For further information or a copy of the Contract of Sale or Section 32 please contact us on 03 5341 2200.

Features

2829 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Buninyong over the last 12 months, the estimated median property value of 1 and 2/702 Somerville Street is $455k.

Median value
$455k
Estimated value range
$400k - $700k
Median days on market
398
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Buninyong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 and 2/702 Somerville Street

2025
Sold
$545,000
Private Sale/Treaty on 16 Jun 2025 by Stu Brien, of Stone Real Estate | Stone Ballarat/Buninyong

Happy sellers in Buninyong

92%
92% of sellers in Buninyong reported that their sale price either exceeded or met their price expectations.

Buninyong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Buninyong over the last 12 months.

Local market activity for land plots in Buninyong

In the last 12 months, 4 land plots similar to 1 and 2/702 Somerville Street, have been sold.

This represents a 400% decrease in land plots sales when compared to the previous 12 months.

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