FOR SALE
Offers over $319,000

3/2 Reece Court
Somerset TAS 7322

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 541m2
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Prime Industrial Location

* Located in a well known industrial estate, quick and easy access to the Bass Highway.
* Zoned industrial.
* Floor area of 541m2.
* Tenanted for 3 years @ $500 per week + outgoings.
For more information call Justin Grave Today 0417 579 351

Property Details for 3/2 Reece Ct, Somerset

Building Type
Commercial
Floor Size
541m2

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About Somerset 7322

The size of Somerset is approximately 27 square kilometres. It has 8 parks covering nearly 1.3% of total area. The population of Somerset in 2011 was 3,974 people. By 2016 the population was 3,885 showing a population decline of 2.2% in the area during that time. The predominant age group in Somerset is 50-59 years. Households in Somerset are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Somerset work in a trades occupation. In 2011, 71% of the homes in Somerset were owner-occupied compared with 69.3% in 2016.

Somerset has 2,046 properties. Over the last 5 years, Houses in Somerset have seen a 74.73% increase in median value, while Units have seen a 66.67% increase. As at 30 September 2024:

  • The median value for Houses in Somerset is $442,428 while the median value for Units is $359,435.
  • Houses have a median rent of $400 while Units have a median rent of $253.
There are currently 17 properties listed for sale, and 1 property listed for rent in Somerset on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Somerset.

Suburb Insights for Somerset 7322

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Justin Grave
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.