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Mornington Peninsula Shire

Somerville

Somerville Property Market
& Suburb Profile

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MEDIAN PRICES IN SOMERVILLE

Median house price

(all agencies, last 12 months)$881k*

House price change

(all agencies, last 12 months)+2.98%

Median unit price

(all agencies, last 12 months)$611k*

Unit price change

(all agencies, last 12 months)+7.19%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

SOMERVILLE price TRACKER

HousesUnits

Somerville sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)34

Average days on market (units)

(all agencies, 12 months)33

Average held period in Somerville

(proptrack)11 years

Somerville Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$712pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$544pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.86%

Average rental yield for Units

(all agencies, last 12 months)4.47%

Somerville total population size

(as at the last census)11,767

Median household size in Somerville

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Somerville property types

  • Houses 51%
  • Units 15%
  • Other 34%

OCCUPANCY in Somerville

  • Owned 80%
  • Rented 16%
  • Other/Not Stated 4%
  • Singles 23%
  • Families 75%
  • Other 2%

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About Somerville

Somerville, located on Victoria’s beautiful Mornington Peninsula, offers a balanced lifestyle ideal for families, professionals, and retirees. This vibrant suburb is known for its community spirit, excellent amenities, and convenient location.

Community and Lifestyle

Somerville boasts a friendly and active community. Residents enjoy a variety of local events, markets, and community activities that foster a strong sense of belonging. The suburb’s combination of rural charm and urban convenience makes it a popular choice for a diverse range of people.

Housing and Real Estate

The real estate market in Somerville offers a wide range of housing options, including modern family homes, townhouses, and spacious properties. The suburb’s affordability and growth potential make it attractive to homebuyers and investors alike.

Education and Amenities

Somerville is well-served by several educational institutions, including Somerville Primary School and Somerville Secondary College. The suburb also offers a range of amenities, including shopping centres like Somerville Plaza and the Somerville Central Shopping Centre, which feature various retail stores, supermarkets, and dining options. Healthcare facilities and recreational venues are also easily accessible, ensuring residents have everything they need close at hand.

Recreation and Leisure

Outdoor enthusiasts will find plenty to do in Somerville. The area offers excellent opportunities for sports, fitness, and relaxation. Local parks, such as the Fruit Growers Reserve and Barber Reserve, provide beautiful spots for picnicking, walking, and family activities. Additionally, Somerville is close to the stunning beaches and wineries of the Mornington Peninsula, offering endless options for leisure and exploration.

Transport and Accessibility

Somerville is well-connected by public transport, with the Somerville railway station providing regular train services to Melbourne and other parts of the Peninsula. The suburb’s proximity to major roads like the Peninsula Link and the Western Port Highway ensures easy road access, making commuting straightforward and convenient.

Demographics and Growth

Somerville attracts a diverse population, including families, young professionals, and retirees. The suburb continues to grow, supported by its modern amenities, community atmosphere, and strategic location on the Mornington Peninsula.

Education

Somerville Primary School
Somerville Rise Primary School
Somerville Secondary College
St Brendan's School
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Somerville MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025242$745,7502.98%86$628pw4.17%
2024197$723,7505.89%106$616pw4.22%
2023203$690,000-3.07%117$571pw4.06%
2022216$707,7501.28%137$547pw3.84%
2021310$667,50024.24%97$496pw3.38%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025242$745,750+2.98%
2024197$723,750+5.89%
2023203$690,000-3.07%
2022216$707,750+1.28%
2021310$667,500+24.24%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202586$628pw4.17%
2024106$616pw4.22%
2023117$571pw4.06%
2022137$547pw3.84%
202197$496pw3.38%

PROUDLY SERVICING Somerville

Barry Plant
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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.