Market snapshot

Suburb insights for Somerton3062

Change suburb

Somerton, approximately 21 km north of Melbourne's CBD, is primarily an industrial and commercial suburb, playing a key role in logistics and warehousing for northern Melbourne. While residential development is limited, Somerton supports economic growth across the Hume region.

Sales data

Median sale price
-
Annual price change
-
Metro Melbourne Comparison
$955k
0.8%
BedroomsSomertonMetro comparison
2-$910,000
3-$830,000
4-$951,500
InsightSomertonMetro comparison
Clearance rate81.4%
Days on market36

Rental data

Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$580
3.3%
BedroomsSomertonMetro comparison
2-$580
3-$550
4-$600
Median data for the current quarter

Find a REIV member

Real estate professionals in your area with the right skills, the best knowledge and proven expertise.
Find a member