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2/25 Somerville Road, Yarraville$690,000

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2/25 Somerville Road

Yarraville, VIC 3013, Australia

$690,000

2 bed 1 car

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Property Details

Property Type: apartment
Listing Type: Sold
Bedrooms: 2
Parking: 1
Listed: 3 months ago

Repayment calculator

$3,345/month

$1,673 /fortnight

Loan $552,000 at 6.10% over 30 years

Upfront costs

Deposit$138,000

Stamp duty$36,470

Conveyancing (est.)$2,000

Total upfront$176,470

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Neighbourhood

Living in Yarraville

This 2-bedroom apartment in Yarraville, VIC 3013 sits within reach of public transport, local shops and nearby schools. It is listed 34% below the $1.05m median of 58 comparable apartmentswithin 5 km.

Schools near Yarraville

Yarraville Special Developmental Schoolcombined · U · CoEd
Kingsville Primary Schoolprimary · Prep-6 · CoEd
Wembley Primary Schoolprimary · Prep-6 · CoEd
Yarraville West Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Blackwood Street/Fehon Street (bus) — 790 m away
Ocab Bakery — 476 m away
Bellairs Reserve — 228 m away
Unnamed — 274 m away
The Goods Yard — 311 m away

Yarraville at a glance

Full suburb profile

Population: 15,636
Median age: 37
Household income: $2,485/wk
Median rent: $462/wk
Median mortgage: $2,500/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Yarraville is experiencing moderate urban consolidation focused on adaptive reuse of industrial heritage sites and village-centre intensification along Maribyrnong Street and the river precinct. Development activity centres on mixed-use projects, medium-density residential infill, and public realm improvements that support walkability and river connectivity. Council planning priorities emphasize heritage conservation, affordable housing, and activation of the riverside leisure and commercial strip.

Nearby projects

Closest

0.2 km

Heritage Conservation and Streetscape Works

Distance from this property is exact (rings = km). Direction is illustrative.

Heritage Conservation and Streetscape Works

0.2 km

Mixed-useProposed

Restoration of Victorian-era commercial shopfronts and public realm improvements along Maribyrnong Street.

2024-2025

200 m

Gordon Street Residential Precinct

0.3 km

Residential apartment buildingUnder construction

Multi-storey residential apartment complex with ground-floor retail in Yarraville village centre.

2024

300 m

Yarraville Mixed-Use Development (Former Industrial Site)

0.5 km

Mixed-useApproved

Adaptive reuse of heritage industrial precinct with residential apartments, retail and community spaces along the Maribyrnong River.

2025-2026

500 m

Pedestrian and Cycling Infrastructure Upgrade

0.8 km

InfrastructureApproved

Maribyrnong River Trail extensions and local street safety improvements connecting to Williamstown.

2025

800 m

Medium-Density Residential Infill (Local DAs)

1.2 km

Residential subdivisionApproved

Multiple townhouse and dual-occupancy approvals on infill residential lots across the broader precinct.

2023-2025

1.2 km

Source: StMate AI — VIC development trends08/06/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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