Back 72 Somerville St
Off Market

72 Somerville St

Flora Hill VIC 3550

3
1
1
1004 m²
House
Last sold for $350,000
Patrick SkahillPatrick Skahill, last sold this property on 30 July 2025 after 128 days on market.

Overview

1,004sqm Approx. Prime Position for Development, La Trobe University Precinct

Zoned Residential 1 this rectangular property measures approx. 1,004sqm, with a frontage of approx. 20.77m to Somerville Street, and a depth of approx. 48.34m. Town services; being water, sewer, gas, telephone and NBN are available nearby. The highly regarded and well established area is characterised by neighbouring properties that have been developed for modern townhouse living. It is an ideal option for investors, builders and developers seeking a project which will likely attract a high level of buyer and/or renter interest once completed. There has previously been an approved planning permit (now expired) for the "DEMOLITION OF OUTBUILDINGS, ALTERATIONS TO THE EXISTING DWELLING, AND CONSTRUCTION OF 2 NEW DWELLINGS". The plans would have been to transform the existing dwelling into a modern four bedroom, two bathroom townhouse, with a double garage. As well as the construction of a two-storey, 2 bedroom, 2 bathroom, single garage townhouse to the middle of the block. At the rear would be a single storey, 3 bedroom, 2 bathroom, double garage townhouse. Given the current state of the existing home, you may wish to secure the property and seek a new permit from Council to demolish the outbuildings and the home. If the property were to be returned to vacant land, you may be able to secure a new permit to build new townhouses including a potential fourth in the area in front of the existing home. You may prefer to secure the property for a single modern residence, retaining or replicating the period style façade. Compliment your new home with landscaping, shedding, a pool, and outdoor living areas. You may also wish to create a dual occupancy (STCA). The neighbourhood is also characterised by business / commercial uses which have been permitted under the Residential 1 Zone with access to Somerville Street. You may wish to contact the City of Greater Bendigo Planning Team to investigate the feasibility of obtaining a planning permit for a business use, with provision for your own private on-site carpark. The property is within comfortable walking distance of central Bendigo, the Railway Station, and La Trobe University. Here you will enjoy close proximity to allied health services and pharmacies. As well as schools, child care options, Kennington Reservoir, supermarkets, specialty stores, gyms, cafes, playgrounds, and bushland. Comfortably walk or catch the bus to all that's on offer at Kennington Village, Strath Village and Strath Hill shopping and services. A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
1 bathroom
1 carspace
1004 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Flora Hill over the last 12 months, the estimated median property value of 72 Somerville St is $598k.

Median value
$598k
Estimated value range
$350k - $970k
Median days on market
26
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Flora Hill. 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 72 Somerville St

2025
Sold
$350,000
Private Sale/Treaty on 30 Jul 2025 by Patrick Skahill, of Elders Bendigo
2017
Sold
$335,000
Private Sale/Treaty on 06 Dec 2017
2017
Sold
$335,000
05 Dec 2017 by Matt Leonard, of Tweed Sutherland First National

Happy sellers in Flora Hill

95%
95% of sellers in Flora Hill reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Flora Hill over the last 12 months.

Local market activity for 3 bedroom houses in Flora Hill

In the last 12 months, 49 three-bedroom houses similar to 72 Somerville St, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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