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2/25 Somerville Road, Yarraville$690,000
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Soldapartment

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
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Bakery476 m away
  • Bellairs Reserve228 m away
  • Unnamed274 m away
  • The Goods Yard311 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

Flood Risk

Complete
High flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO) / Yarra River 1% AEP

Yarraville is a low-lying inner-west Melbourne suburb adjacent to the Yarra River and subject to historical flooding during high-rainfall events and river inundation. The Land Subject to Inundation Overlay (LSIO) covers substantial portions of the suburb, reflecting its flood-prone character and proximity to the Yarra. Planning and building controls are strict, with elevation and flood-resilience requirements enforced by Melbourne Water and the local council.

Planning controls

  • Land Subject to Inundation Overlay (LSIO) applies to low-lying areas; floor levels and finished ground levels must be set above the 1% AEP flood level
  • Planning scheme requirements for flood-prone land; new buildings and extensions must demonstrate flood resilience or avoidance
  • Mandatory flood risk assessment for developments in LSIO areas; consultation with Melbourne Water often required
  • Restrictions on basements and habitable space below specified flood levels; fill and earthworks controls in flood-prone precincts
Source: StMate AI — VIC flood overlays08/06/2026
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.

Suburb market

Suburb price trend

Yarraville price trend

Median sold · Unit 2 bed

Compound growth +0.7% / yr over 4 yrs

$598kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Yarraville market

Within 5km

Nearby Properties

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