4. Property Auction Result

18 Majestic Dr, Somerville VIC 3912

18 Majestic Dr, Somerville VIC 3912

House 3 1 2

Sold $440,000 on 21 Jun 2016

Distance To CBD: 49.64 km

Land Size: 551 sqm

Measure Land Size

  • Agency: Harcourts - Somerville

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    High ConfidencePrice Estimate*

    $800,000 - $900,000

    *based on similar properties sold prices

    Stamp Duty Calculator

    Total

    $ 30,560

    Mortgage registration fee $108

    Transfer fee $1,362

    Stamp duty on property $29,090
    *based on property value $567,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 2,435

    Total interest payable $423,008

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $453,600 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    27 Kinlora Drive 3 $710,000
    23 Stanley Street 3 $1,226,000
    14 Grant Road 3 $585,000
    9 Seacombe Grove 3 $690,000
    7 Margaret Close 3 $1,630,000
    6 Worwong Avenue 3 $691,000
    12 Norfolk Close 3 $775,000
    42 Holmes Lane 3 $586,450

    Comparable Rent Properties

    Address Rent Price
    2/5 Raymond Street 3 $470 p/w
    39 Clarinda Street 3 $520 p/w
    42 Holmes Ln 3 $565 p/w
    8 Heatherlee Close 3 $620 p/w
    64 Graf Road 3 $575 p/w
    85 Graf Road 3 $580 p/w
    3 Oakbank Place 3 $600 p/w
    5 Seacombe Grove 3 $560 p/w
    Auction History - Somerville, VIC 3912
    2024 March
    Address Price Result*
    23 Stanley St N/A W 3
    7 Margaret Cl $1,630,000 SP 3
    2023 December
    Address Price Result*
    6 Angelina Wy $778,000 S 4

    Somerville, VIC 3912
    (49.29 km to CBD)

    Median House Price

    $895,000

    Median Unit Price

    $568,750

    Surrounding Suburbs

    Nearby Train Stations

    0.44 km Somerville Station
    3.84 km Tyabb Station
    4.09 km Baxter Station

    Nearby Schools

    0.25 km Somerville Primary School
    1.15 km Somerville Secondary College
    1.25 km Somerville Rise Primary School
    1.44 km St Brendan's Primary School