Somerville, VIC 3912, has a population of 11,767 with moderate growth trends in the past years. The suburb has a diverse age group distribution, with a significant portion of the population falling between 20 to 44 years. The median household income is $1,781 weekly. The top occupations include Technicians and Tradeworkers, Professionals, and Managers. The commute to work mostly involves motor vehicles with a considerable number working from home. For house investors, Somerville presents an opportunity with a good rental yield. The suburb has a high market absorption rate and low vacancy rate, indicating strong demand and potential for capital growth. The sale prices show a notable IQR ratio, suggesting a mix of property conditions suitable for renovators. On the other hand, the unit market shows a stable yield with a lower IQR ratio, providing a more stable investment option. Somerville, VIC 3912, is a suburb with a growing population and a diverse demographic profile. It offers good investment opportunities in both the house and unit markets. Homeowners can benefit from the peaceful lifestyle, proximity to essential amenities, and a strong sense of community, while investors can capitalize on the suburb's rental yield and market demand. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022